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, PCYC triggered long (without market support due to opening 5 minutes) and worked enough for a partial if you were quick, and worked more later, but doesn’t count anyway due to opening 5 minute trigger):
IDIX triggered long (with market support) and didn’t work:
NVLS triggered short (with market support) and worked:
LULU triggered short (with market support) and worked:
In the Messenger, Rich’s SHLD triggered long (without market support due to opening 5 minutes) and didn’t work:
His GOOG triggered short (with market support) and didn’t work:
His AMZN triggered short (with market support) and worked:
His DE triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked great:
Rich’s LULU triggered short (with market support) and didn’t work:
His FAS triggered short (ETF, so no market support needed) and worked:
In total, that’s 9 trades triggering with market support, 6 of them worked, 3 did not.
