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, MCHP triggered long (without market support due to opening 5 minutes) and worked:
In the Messenger, Rich’s GOOG triggered long (with market support) and didn’t work:
His AMZN triggered short (with market support) and worked:
His VMW triggered short (with market support) and worked:
His SBUX triggered short (with market support) and worked:
His OIH triggered short (ETF, so no market support needed) and worked:
His NTGR triggered long (with market support) and didn’t work:
In total, that’s 6 trades triggering with market support, 4 of them worked, 2 did not.
