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, MDXG triggered long (without market support due to opening 5 minutes) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, Rich’s VXX triggered short (ETF, so no market support needed) and didn’t work:
NFLX triggered short (with market support) and didn’t work:
A second call in NFLX triggered short (with market support) and worked:
Rich’s GS triggered long (with market support) and didn’t work, worked better later in the day:
His BTU triggered long (with market support) and worked great:
In total, that’s 5 trades triggering with market support, 2 of them worked, 3 did not.
