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, ANGI gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, SHLD triggered short (with market support) and worked:
Rich’s AMGN triggered short (with market support) and didn’t work:
His CAT triggered short (with market support) and didn’t work:
His AMZN triggered short (with market support) and worked enough for a partial:
His FAS triggered long (ETF, so no market support needed) and didn’t work:
His VXX triggered short (ETF, so no market support needed) and didn’t work:
His GLD triggered long (ETF, so no market support needed) and worked:
In total, that’s 7 trades triggering with market support, 3 of them worked, 4 did not.
