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, DLTR triggered long (with market support) and worked:
FNSR triggered short (with market support) and didn’t work, worked later:
From the Messenger/Tradesight_st Twitter Feed, COST triggered long (without market support due to opening 5 minutes) and worked:
Rich’s SNDK triggered short (with market support) and worked eventually:
His SPY triggered short (ETF, so no market support needed) and didn’t work:
His FAS triggered short (ETF, so no market support needed) and worked enough for a partial:
His PCYC triggered short (with market support) and worked:
His FFIV triggered short (without market support) and didn’t work initially, but worked after (we don’t count it anyway):
AAPL triggered long (with market support, and the cleanest pattern of the day) and worked great:
Rich’s MNST triggered short (without market support) and worked:
His BBRY triggered short (without market support) and worked great:
In total, that’s 7 trades triggering with market support, 5 of them worked, 2 did not.
