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, CIEN gapped over the trigger, no play.
PWER triggered long (with market support) and didn’t work:
CHKP triggered long (without market support) late in the day and worked enough for a partial:
CREE triggered long (with market support) and didn’t work:
In the Messenger, Rich’s GOOG triggered short (without market support) and didn’t work:
His BSFT triggered long (with market support) and didn’t work:
His ALXN triggered short (without market support) and didn’t work:
His AAPL triggered short (without market support) and worked:
His AMGN triggered short (without market support) and worked:
His FAS triggered long (ETF, so no market support needed) and worked:
His BRCM triggered long (with market support) and worked:
SINA triggered long (with market support) and worked:
In total, that’s 6 trades triggering with market support, 3 of them worked, 3 did not.
