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. ETF calls do not require market support, and are thus either winners or losers.
From the report, EBAY triggered long (without market support due to opening 5 minutes) and worked:
CELG triggered long (without market support due to opening 5 minutes) and worked:
JBHT triggered long (with market support) and eventually worked:
ACRX triggered long (with market support) and worked enough for a partial:
GRMN triggered short (without market support) and didn’t work:
From the Messenger/Tradesight_st Twitter Feed, I added an additional CELG call due to the early trigger from the report, and it triggered long (with market support) and worked:
WYNN triggered short (with market support) and I eventually gave up on it and closed it slightly in the money:
In total, that’s 4 trades triggering with market support, all 4 of them worked, but nothing special in the light environment.