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, ONNN triggered long (without market support due to opening 5 minutes) and didn’t work, eventually filled the gap, then came back up and stalled again:
WBMD gapped over, no play.
LAMR triggered short (without market support due to opening 5 minutes) and didn’t work, triggered later and worked great:
From the Messenger/Tradesight_st Twitter Feed, Rich’s CLF triggered long (with market support) and worked:
His BIIB triggered short (with market support) and didn’t work:
COST triggered long (with market support) and didn’t work, but was in the money a long time and gave you a chance to exit when market direction rolled to red:
Rich’s XONE triggered short (with market support) and didn’t work:
SINA triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked great:
Rich’s ALXN triggered short (with market support) and worked:
His JAZZ triggered short (with market support) and worked:
In total, that’s 8 trades triggering with market support, 5 of them worked, 3 did not.