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, SINA triggered long (with market support) and worked huge, as a top pick should with volume and market support:
CROX triggered long (with market support) and worked:
ALGN triggered long (without market support due to opening 5 minutes) and worked:
FIRE triggered long (with market support) and worked:
MTGE triggered long (with market support) and didn’t go enough in either direction to count:
MYGN triggered long (with market support) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s SHLD triggered long (with market support) and didn’t work:
Rich’s FAS triggered long (ETF, so no market support needed) and worked great:
His FB triggered long (with market support) and worked:
His COST triggered long (with market support) and worked:
His VXX triggered short (ETF, so no market support needed) and worked:
In total, that’s 9 trades triggering with market support, 8 of them worked, 1 did not. Some of the winners were huge, and this is exactly what a normal market with just average volume should trade like 3 days a week.
