With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
In the report, CIEN triggered short (with market support) and didn’t work:
In the Messenger, Rich’s SODA triggered short (with market support) and worked:
His GOOG triggered short (with market support) and spiked a point, then reversed, enough for a partial if you got any to begin with:
Rich’s SINA triggered short (with market support) and worked enough for a partial:
NFLX triggered long (without market support); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES I highlighted this in the Lab, and worked great:
GOOG triggered long (with market support) and worked enough for a partial:
Rich’s GS triggered long (with market support) and worked:
His MW triggered long (with market support) and didn’t work:
His FSLR triggered short (without market support) and worked:
RIMM triggered short (without market support) and didn’t work:
AMGN triggered too late in the day to count either way.
In total, that’s 8 trades triggering with market support, 6 of them worked, 2 did not.