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, MACK triggered long (with market support) and didn’t do a darn thing for hours:
AMBA gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s FB triggered long (without market support due to opening 5 minutes) and didn’t work:
His BABA triggered long (without market support) and worked:
NFLX triggered short (with market support) and almost worked enough for a point partial:
SHLD triggered long (without market support) and worked enough for a partial:
Mark’s GILD triggered long (with market support) and worked:
In total, that’s 3 trades triggering with market support, 1 of them worked, 2 did not. Ironically, the stuff without market support had a better day, which is unusual.