WHAT A GREAT DAY!
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, STKL triggered long (with market support) and didn’t work:
AMRI triggered long (without market support due to opening 5 minutes) and worked great:
SYMC triggered short (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s GLD triggered long (ETF, so no market support needed) and worked:
NTAP triggered short (with market support) and worked:
Rich’s JAZZ triggered short (with market support) and worked:
His PCLN triggered short (with market support) and worked:
His DDD triggered long (without market support) and didn’t work:
His IBM triggered short (with market support) and worked:
His WYNN triggered short (with market support) and worked:
TEVA triggered short (with market support) and worked:
In total, that’s 9 trades triggering with market support, 8 of them worked, 1 did not.
