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.
A really nice day if I do say so myself with some good futures calls and also some nice stock winners despite the light market volume.
From the report, AKAM triggered short (with market support) and worked enough for an easy partial:
PAAS triggered short (with market support, although it is a metals stock) and didn’t work:
BIDU triggered short (with market support) and worked enough for a clean partial that we called in the Lab:
MELI triggered short (without market support due to opening five minutes) and worked:
In the Messenger, Rich’s AAPL triggered short (without market support) and worked great:
His FFIV triggered long (with market support) and worked great:
His JNPR triggered long (with market support) and didn’t work:
AMZN triggered long (with market support) and worked great:
Late day AAPL triggered long (with market support) and didn’t work:
In total, that’s 7 trades triggering with market support, 4 of them worked, 3 did not.
