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, ARUN triggered long (without market support) and didn’t work:
From the Messenger/Tradesight_st Twitter Feed, Rich’s QCOR triggered short (without market support due to opening 5 minutes) and worked:
His FAS triggered short (ETF, so no market support needed) and didn’t work:
His GOOG triggered long (without market support due to opening 5 minutes) and worked enough for a partial):
His IBM triggered long (with market support) and didn’t work:
His VXX triggered long (ETF, so no market support needed) and didn’t work:
NFLX triggered short (with market support) and worked:
Rich’s CAT triggered short (with market support) and didn’t work:
His CLF triggered short (with market support) and didn’t work:
His AAPL triggered short (without market support) and worked:
His ALXN triggered long (with market support) and didn’t work:
His FB triggered long (with market support) and didn’t work:
In total, that’s 8 trades triggering with market support, 1 of them worked, 7 did not. Easily the worst trigger to win ratio of the year, and no surprise on end of quarter.