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, PWRD triggered long (top pick) (without market support due to opening 5 minutes) and worked great:
NKTR triggered long (without market support due to opening 5 minutes) and worked:
FLIR gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s GOOG triggered short (without market support) and didn’t work:
His GLD triggered long (ETF, so no market support needed) and worked:
Mark’s GS triggered long (with market support) and worked great:
Rich’s ALXN triggered short (without market support) and didn’t work:
Rich’s QCOR triggered long (with market support) and didn’t work:
Although we had several more calls, nothing else triggered. GOOG had a great pattern and ended up with one of the flattest days I can recall in that stock.
In total, that’s 3 trades triggering with market support, 2 of them worked, 1 did not. The big winner was the top pick that triggered out of the gate.
