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, CHRW gapped over, no play.
IMGN triggered short (with market support late in the session) and didn’t go enough for a partial, didn’t do much:
CROX triggered short (with market support) and never went against the trigger, although it didn’t go far either with market volume so poor:
From the Messenger/Tradesight_st Twitter Feed, Rich’s DDD triggered short (with market support) and worked:
His BIIB triggered long (without market support) and worked enough for a partial:
His GMCR triggered short (with market support) and worked enough for a partial:
NFLX triggered short (with market support) and worked:
His SNDK triggered long (with market support just barely) and didn’t work:
In total, that’s 6 trades triggering with market support, 4 of them worked, 2 did not. Most of the afternoon was a waste.
