Stock Picks Recap for 7/31/13

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, CERS triggered long (with market support) and didn't go enough either direction to count:

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

GTAT triggered long (with market support, by a penny) and didn't work:

From the Messenger/Tradesight_st Twitter Feed, Rich's TSLA triggered long (without market support due to opening 5 minutes) and worked:

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

MA triggered short (with market support) and worked:

NFLX triggered short (with market support) and worked:

In total, that's 5 trades triggering with market support, 2 of them worked, 3 did not.


Futures Calls Recap for 7/31/13

No calls with the flat opening (despite the GDP number) and dull early action ahead of the Fed. Frankly, the reaction to the Fed late in the day was a surprise, but have a look at the Russell 2000 chart below, where the Comber tool gave a 13 sell signal right at the high. Back to calls tomorrow to start August.
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:

ER:


Forex Calls Recap for 7/31/13

We came into the session short the second half of the GBPUSD trade from the prior session. That trade continued to work and ultimately closed out for over a 100 pip winner. Meanwhile, the new GBPUSD short idea triggered and worked. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:
Coming in short from around 1.5300, we had our new trade trigger short at either A or B depending on when you went in. Hit first target at C and lowered stop on second half of the trade over the entry (along with the second half of the 1.5300 entry) and stopped at D:


Stock Picks Recap for 7/30/13

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, CTCM triggered short (with market support) and didn't work:

From the Messenger/Tradesight_st Twitter Feed, Rich's MOS triggered long (with market support) and worked:

His HLF triggered short (with market support) and worked:

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

His DDD triggered short (without market support) and didn't work:

His TSLA triggered short (with market support) and worked:

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

His GLD triggered long (with market support) and didn't go enough in either direction to count, closed slightly in the money:

BIDU triggered long (with market support) and worked:

In total, that's 7 trades triggering with market support, 4 of them worked, 3 did not.


Stock Picks Recap for 7/30/13

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, CTCM triggered short (with market support) and didn't work:

From the Messenger/Tradesight_st Twitter Feed, Rich's MOS triggered long (with market support) and worked:

His HLF triggered short (with market support) and worked:

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

His DDD triggered short (without market support) and didn't work:

His TSLA triggered short (with market support) and worked:

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

His GLD triggered long (with market support) and didn't go enough in either direction to count, closed slightly in the money:

BIDU triggered long (with market support) and worked:

In total, that's 7 trades triggering with market support, 4 of them worked, 3 did not.


Futures Calls Recap for 7/30/13

A choppy opening with a NASDAQ side that was stronger than the rest, but then everything sold off during lunch before recovering late in the session. NASDAQ volume was 1.6 billion shares, and the Fed announcement is Wednesday.
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:


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.
Mark's call triggered short at A at 3073.00. After almost 20 minutes of doing nothing after entering the Value Area, he closed it out at even:


Forex Calls Recap for 7/30/13

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

EURUSD:
Triggered long at A and stopped:

GBPUSD:
 


Forex Calls Recap for 7/30/13

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

EURUSD:
Triggered long at A and stopped:

GBPUSD:
 


Stock Picks Recap for 7/29/13

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

His BIIB triggered short (with market support) and worked:

His SNDK triggered short (with market support) and worked:

NTAP triggered short (with market support) and didn't go enough either way to count, closed at the trigger:

COST triggered long (with market support, but right on a Comber 5-minute sell signal) 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 7/29/13

No calls for the session as none of the major contracts set a key level and volume was horrible after the first hour. In fact, the ES traded exactly inside the Value Area.
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:


ES: