Stock Picks Recap for 1/31/13

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, SNSS triggered long (with market support) and worked great, almost 10% to the highs:

From the Messenger/Tradesight_st Twitter Feed, Rich's KERX triggered short (without market support) and worked:

Mark's BRCM triggered short (with market support) and worked:

Rich's FAS triggered short (ETF, so no market support needed) and worked enough for a partial:

His WYNN triggered long (with market support) and didn't work:

In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.


Stock Picks Recap for 1/31/13

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, SNSS triggered long (with market support) and worked great, almost 10% to the highs:

From the Messenger/Tradesight_st Twitter Feed, Rich's KERX triggered short (without market support) and worked:

Mark's BRCM triggered short (with market support) and worked:

Rich's FAS triggered short (ETF, so no market support needed) and worked enough for a partial:

His WYNN triggered long (with market support) and didn't work:

In total, that's 4 trades triggering with market support, 3 of them worked, 1 did not.


Futures Calls Recap for 1/31/13

None of the calls triggered in a market that ended up with end of month behavior as expected, although NASDAQ volume was a solid 2.1 billion shares. There was a nice setup in the market late on the long side that didn't materialize.
Net ticks: +0 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:


Forex Calls Recap for 1/31/13

We closed out the second half of a winner on the EURUSD from the prior session, then stopped out of a new GBPUSD trade, and then took it again and are carrying the second half in the money. See both sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
We stopped the second half of the prior day's trade at A, in the money:

GBPUSD:
Set the R1 triggered perfectly at A, then triggered at B and stopped. Came down exactly to set our short trigger at C. Triggered long again in the morning at D, hit our first target at E, and holding second half with a stop under R1 (entry):


Stock Picks Recap for 1/31/13

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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (without market support) and worked great:

His FIRE triggered short (without market support) and worked:

His PXD triggered long (without market support due to opening 5 minutes) and worked:

His AAPL triggered long (with market support) and worked:

GOOG triggered long (with market support) and worked:

Rich's FB triggered long (with market support) and didn't work:

COST triggered short (with market support) but we closed it around the entry as the market went into "waiting for Fed mode" after the first 90 minutes or so:

Rich's CREE triggered long (without market support) and didn't work:

His RIMM triggered short (with market support) and didn't work:

His GDX triggered long (ETF, so no market support needed) and worked enough for a partial:

In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not, but some of the better calls went early.


Stock Picks Recap for 1/31/13

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, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich's AMZN triggered short (without market support) and worked great:

His FIRE triggered short (without market support) and worked:

His PXD triggered long (without market support due to opening 5 minutes) and worked:

His AAPL triggered long (with market support) and worked:

GOOG triggered long (with market support) and worked:

Rich's FB triggered long (with market support) and didn't work:

COST triggered short (with market support) but we closed it around the entry as the market went into "waiting for Fed mode" after the first 90 minutes or so:

Rich's CREE triggered long (without market support) and didn't work:

His RIMM triggered short (with market support) and didn't work:

His GDX triggered long (ETF, so no market support needed) and worked enough for a partial:

In total, that's 5 trades triggering with market support, 3 of them worked, 2 did not, but some of the better calls went early.


Futures Calls Recap for 1/30/13

One winner that hit a first target and then rolled back on the NQ and that's it as the market gave us a typical Fed meeting day. See NQ section below. NASDAQ volume was 1.9 billion shares. Tomorrow is the last day of January.
Net ticks: +2.5 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:


NQ:
Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.
Triggered long at A at 2748.00, hit first target for 6 ticks, stopped second half under the entry:


Futures Calls Recap for 1/30/13

One winner that hit a first target and then rolled back on the NQ and that's it as the market gave us a typical Fed meeting day. See NQ section below. NASDAQ volume was 1.9 billion shares. Tomorrow is the last day of January.
Net ticks: +2.5 ticks.
As usual, let's start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today's session:


NQ:
Just a reminder that we use half points for ticks on the NQ and not the quarter point measurement that the exchanges switched to in recent years. This allows us to use 6 ticks as a key target as we do on the other contracts. It also keeps the value of a tick at $10, closer to the value of a tick on the other contracts.
Triggered long at A at 2748.00, hit first target for 6 ticks, stopped second half under the entry:


Forex Calls Recap for 1/30/13

A loser on the GBPUSD and a winner on the EURUSD, which is still going. See both sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
Triggered long at A, hit first target at B, and still holding with a stop under R2:

GBPUSD:
Triggered short at A and stopped:


Forex Calls Recap for 1/30/13

A loser on the GBPUSD and a winner on the EURUSD, which is still going. See both sections below.
Here's a look at the US Dollar Index intraday with our market directional lines:

New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
Triggered long at A, hit first target at B, and still holding with a stop under R2:

GBPUSD:
Triggered short at A and stopped: