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.
From the report, LEAP triggered long (with market support) and worked enough for a partial:
URBN triggered short (with market support) and did not work:
IDCC triggered short (without market support) and did not work, although it did trigger again later and worked:
BBBY triggered short (without market support due to the opening five minutes) and worked great:
In the Messenger, Rich’s AAPL triggered long (without market support due to opening five minutes) and did not work, although I restated it later and it did better:
His STRA triggered long (without market support) and worked:
His GS triggered long (with market support) and worked enough for a partial:
Many other trade calls did not trigger on a flat day.
In total, that’s 3 trades triggering with market support, 2 of them worked, 1 did not.
