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, SFLY gapped over the trigger, no play.
SNPS triggered long (with market support) and didn’t work:
From the Messenger, Rich’s VMW triggered long “for gap fill and upside continuation” (without market support due to opening five minutes) and worked great:
His GS triggered short (with market support) and worked:
His CMCSA triggered long (with market support) and worked:
His WYNN triggered short (without market support) and didn’t work:
His PXD triggered long (with market support) and worked:
His SINA triggered long (with market support) and didn’t work:
His PPG triggered short (with market support) and didn’t work:
His TNA triggered short (ETF, so no market support needed) and worked:
In total, that’s 7 trades triggering with market support, 4 of them worked, 3 did not.
