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, no triggers. Interesting.
From the Messenger/Tradesight_st Twitter Feed, SHLD triggered short (with market support) and worked:
Rich’s TSLA triggered short (with market support) and worked:
His CAT triggered long (without market support) and didn’t work much:
His VXX triggered long (ETF, so no market support needed) and didn’t work, triggered again and worked later:
His GOOG triggered short (with market support) and worked:
AMGN triggered short (with market support) and worked:
My EBAY triggered short (with market support) and it was late in the day and not doing much while the market kept going, so I closed it slightly in the money, we won’t count it:
In total, that’s 5 trades triggering with market support, 4 of them worked, 1 did not.
