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, with the gap down in the market, most of the shorts (QLIK, MASI, CELG, and PTEN) gapped under their trigger, so no plays.
LAMR triggered short (with market support) and worked:
In the Messenger, Rich’s VMW triggered short (with market support) and worked:
His PCLN triggered short (with market support) and worked:
AMZN triggered short (with market support) and worked:
Rich’s AAPL triggered short (with market support) and worked:
His ALXN triggered short (with market support) and didn’t work:
COST triggered short (with market support) and worked:
In total, that’s 7 trades triggering with market support, 6 of them worked, 1 did not.
