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, not much triggered, LEAP triggered short (without market support) and didn’t work:
In the Messenger, Rich’s DANG triggered long (with market support) and did not work:
His GS triggered short (without market support) and did not work, although it worked later:
CRM triggered short (with market support) and worked enough for a partial:
Rich’s JPM triggered long (with market support) and didn’t work:
AMZN triggered short (with market support) and did not work (went about $0.50, might have gotten a partial, but not really enough under our rules for AMZN):
Rich’s AGU triggered long (with market support) and did not work:
NFLX triggered long (with market support) and worked:
SINA triggered long (with market support) and did not work:
First day with less than 50% winners in a long time.
In total, that’s 7 trades triggering with market support, only 2 of them worked, 5 did not. Bad session from that perspective.
