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, GLNG gapped over, no play.
IRBT triggered long (with market support) and worked:
ACRX triggered long (without market support due to opening 5 minutes) and ultimately worked, but took a while in a dead market:
NTAP triggered short (without market support…although it was support on the NASDAQ futures) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s NFLX triggered short (without market support) and didn’t work:
His SSYS triggered short (without market support) and worked great:
Rich’s VXX triggered long (ETF, so no market support needed) and didn’t work:
Rich’s REGN triggered short (with market support) and worked:
His ALKS triggered short (with market support) and worked enough for a partial:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.