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, GNTX triggered long (with market support) and worked:
SOHU gapped over the trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s GILD triggered short (without market support) and didn’t work:
CELG triggered short (without market support) and worked:
Rich’s IBM triggered short (without market support) and worked:
GOOG triggered short (without market support) and worked:
COST triggered long (with market support) and didn’t work:
In total, that’s 2 trades triggering with market support, 1 of them worked, 1 did not. Several trades that triggered “without market support” on a dead flat day did work.
