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.
An interesting day where a lot of trades worked, even the ones that triggered without market support.
From the report, CONE triggered long (without market support) and worked great:
SINA triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s SLB triggered long (without market support due to opening 5 minutes) and worked:
His RGLD triggered long (without market support due to opening 5 minutes) and didn’t work:
AMGN triggered short (with market support) and worked:
GOOG triggered short (with market support) and worked enough for a partial:
Rich’s CVX triggered long (without market support) and didn’t work, worked later:
His BABA triggered long (without market support) and worked enough for a partial:
Rich’s AAPL triggered long (without market support) and worked great:
NFLX triggered short (with market support) and worked:
Rich’s FB triggered long (without market support) and worked:
His TWTR triggered long (with market support) and didn’t work:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not. Another 5 trades worked great, including the top long off of the report, just without market support.