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.
From the report, QLIK triggered long (without market support due to opening five minutes) and worked:
MLHR triggered long (with market support) and didn’t work:
In the Messenger, NFLX triggered long (with market support) and worked:
Rich’s VXX (ETF call so no market support needed) triggered long and worked:
GOOG triggered long (with market support) and worked enough for a quick partial:
Rich’s STRA triggered short (with market support) and worked:
His JOY triggered short in the last ten minutes of the day, so we won’t count it.
In total, that’s 5 trades triggering with market support, 4 of them worked, 1 did not.