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, XLRN gapped over and was also very thin, no play.
QSII triggered short (with market support) and didn’t work:
From the Messenger/Tradesight_st Twitter Feed, Rich’s CLVS triggered short (with market support) and didn’t work:
His FDX triggered long (with market support) and worked:
Lots of calls in the afternoon, but nothing triggered.
In total, that’s 3 trades triggering with market support, 1 of them worked, 2 did not.