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, GRPN triggered short (with market support) and worked nicely even though the market reversed to the upside shortly after the trigger:
In the Messenger, Rich’s GMCR triggered short (without market support) and didn’t work:
AMZN triggered long (without market support) and swept the trigger, so the raw call doesn’t count, but in the Lab, we told people to take it if the market direction turned green, which it did right before AMZN ran. Still doesn’t count officially, but my second biggest winner of the day:
NTAP triggered short (with market support) and didn’t work:
Rich’s CAT triggered short (with market support) and worked enough for an easy partial and more:
His COH triggered long (with market support) and worked:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.
