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, QLIK triggered short (with market support) and worked:
VRSN triggered short (with market support) and worked:
SHLD triggered short (with market support) and didn’t work initially (retraced $0.25), but worked later if you went again (we don’t count retriggers):
In the Messenger, Mark’s NTES triggered long (without market support) and didn’t work:
Rich’s CAT triggered short (with market support) and worked great:
His JOY triggered long (without market support) and worked:
His CLF triggered short (with market support) and worked:
GOOG triggered short (with market support) and worked great:
Rich’s VMW triggered short (with market support), didn’t work initially, worked later:
His BIDU triggered short (with market support) and worked enough for a partial:
AMZN triggered short (with market support) and didn’t quite work enough for a partial:
Rich’s FB triggered long (with market support in the afternoon) and worked huge, our first official FB call:
In total, that’s 11 trades triggering with market support, 8 of them worked, 3 did not.
