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.
Nothing triggered from the report as the scans only turned up shorts and the market gapped up and ran.
In the Messenger, Rich’s AAPL triggered short (with market support for the only bar of the day where there was support for shorts) and worked:
His LNKD triggered short (without market support) and did a little:
His MELI triggered long (with market support) and worked:
His IBM triggered long (with market support) and didn’t work:
His NFLX triggered short (without market support) and didn’t work:
His AMZN triggered short (with market support) and didn’t work:
FSLR triggered short (with market support) and worked enough for a partial:
EXPE triggered long (with market support) and worked:
GOOG triggered long (with market support) and worked:
Rich’s PXD triggered long (with market support) and worked:
AAPL triggered long (with market support) and worked:
Rich’s CMG triggered long (with market support) and didn’t work:
His COH triggered long (with market support) and worked:
In total, that’s 11 trades triggering with market support, 8 of them worked, 3 did not.