We’re adding a new feature to this section of the report daily. 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.
KLAC (with market support) triggered long, didn’t quite go enough for a partial:
AMGN (with market support) triggered long and did:
FFIV (with market support) short worked great:
In the Messenger, Rich’s early SNDK (without market support) call worked for over $0.50:
His IBM (without market support) didn’t work:
My AMZN (with market support) long call worked nice:
Rich’s BRCM (with market support briefly) swept:
His RGLD (with market support) worked:
His NEM (with market support) didn’t work:
Our AAPL call worked long (with market support) and then my AAPL short (with market support) worked after lunch:
So out of the nine trades that triggered with market support, 5 worked big, 2 worked enough for a partial to become no loss, and 3 were small losses.