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.
All of the calls in the report either gapped over or didn’t trigger.
From the Messenger/Tradesight_st Twitter Feed, Rich’s AAPL triggered short (without market support due to opening 5 minutes) and worked:
His FB triggered short (without market support) and didn’t work:
COST triggered long (with market support) and worked:
Rich’s GOOG triggered short (with market support) and worked enough for a partial:
His BIDU triggered short (with market support) and didn’t work:
Rich’s AAPL triggered short midday (without market support) and didn’t work:
His other AAPL call triggered long after that (with market support) and worked enough for a partial (over a point):
FSLR triggered long (with market support) and didn’t work:
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not.
