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.
From the report, NUAN triggered short (without market support due to opening five minutes) and essentially worked, but not the type of trade you’d want to be taking on a big gap down in the market anyway:
From the Messenger, Rich’s TZOO triggered short (with market support) and worked:
GOOG triggered short (with market support) and worked:
Rich’s FCX triggered short (with market support) and didn’t work, although it worked later:
RIMM triggered short (with market support) and worked:
NFLX triggered short (with market support) and worked:
Rich’s DECK triggered short (with market support) and worked:
His PNRA triggered short (with market support) and worked:
His SFLY triggered short (with market support) and worked:
His SHLD triggered short (with market support) and worked enough for a partial:
His RL triggered short (with market support) and worked enough for a partial:
His AZO triggered short (with market support) and worked:
His VMW triggered long (without market support) and worked for over a point:
EBAY triggered short (with market support) and worked:
AMGN triggered short (with market support) and worked enough for a partial:
Rich’s RIMM triggered long (without market support) and worked enough for a partial:
His FRX triggered long (without market support) and didn’t work:
His JPM triggered long (without market support) and didn’t work:
AMZN triggered long (without market support) and didn’t work:
In total, that’s 13 trades triggering with market support, 12 of them worked, 1 did not.
