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, MNST triggered long (without market support) and didn’t work:
VRTX gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s FAS triggered long (ETF, so no market support needed) and didn’t work:
His CAT triggered short (with market support) and worked:
EBAY triggered short (with market support) and worked:
CELG triggered short (with market support) and worked:
Rich’s AMGN triggered short (with market support) and worked:
In total, that’s 5 trades triggering with market support, 4 of them worked, 1 did not.
