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, MTSI triggered short (without market support) and didn’t work:
INFN triggered short (without market support due to opening 5 minutes) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich’s GS triggered long (with market support) and didn’t work, although it was meant as a morning call and triggered in the last hour:
His CELG triggered short (with market support) and worked:
His ADBE triggered short (without market support) and didn’t work, worked later:
His BIIB triggered short (with market support) and worked:
Mark’s FAS triggered long (ETF, so no market support needed) and didn’t work:
PYPL triggered short (with market support) and worked enough for a partial:
Rich’s FB triggered short (without market support) and didn’t work:
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not.