Stock Picks Recap for 8/31/20

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, nothing triggered, which tells you how flat the day was.

In total, that's no trades triggering with market support. Wait for the movement.


Futures Calls Recap for 8/31/20

Every time we think the market can't get any flatter, it does. We opened flat and closed flat with two waves of selling. NASDAQ volume was 3.5 billion shares.

Net ticks: +4 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 and NQ Opening and Institutional Range Plays:

ES Opening Range Play triggered short at A and worked enough for a partial:

NQ Opening Range Play both triggers were too far out of range:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:


Forex Calls Recap for 8/31/20

A nothing trade for the session. See GBPUSD section below.

Here's a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered long at A and nothing happened, closed at B for a few pip loss for end of session:


Stock Picks Recap for 8/28/20

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, ARNA triggered long (with market support) and worked:

AERI triggered short (with market support) and worked:

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

FSLR triggered long (with market support) and worked:

In total, that's 4 trades triggering with market support, all of them worked.


Futures Calls Recap for 8/28/20

The markets opened flat and mostly stayed flat all day until a late rally in the last hour on a weak 3 billion NASDAQ shares.

Net ticks: +11 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 and NQ Opening and Institutional Range Plays:

ES Opening Range Play triggered short at A and stopped over the midpoint:

NQ Opening Range Play:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:


Forex Calls Recap for 8/28/20

A winner to close out the week. See GBPUSD section below.

Here's a look at the US Dollar Index intraday with our market directional lines:

As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.

GBPUSD:

Triggered long at A. hit first target at B, stopped second half under the entry:


Stock Picks Recap for 8/27/20

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, COST triggered long (with market support) and worked enough for a partial:

BABA triggered short (with market support) and worked enough for a partial:

Rich's NFLX triggered short (with market support) and worked:

In total, that's 3 trades triggering with market support, all of them worked.


Futures Calls Recap for 8/27/20

The markets basically opened flat, wiggled both ways early, sold off on volume, then recovered in the afternoon and closed about where they opened on 3.5 billion NASDAQ shares as we head into the end of month mark-up for statements.

Net ticks: +19 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 and NQ Opening and Institutional Range Plays:

ES Opening Range Play triggered short at A and worked enough for a partial, triggered long at B and worked:

NQ Opening Range Play triggered short at A but too far out of range to take:

ES Tradesight Institutional Range Play:

NQ Tradesight Institutional Range Play:

ES:


Forex Calls Recap for 8/27/20

A loser and a winner for the session, and we closed out the prior day's trade. See GBPUSD section below.

Here's a look at the US Dollar Index intraday with our market directional lines:

GBPUSD:

Triggered short at A and stopped. Triggered long at B, hit first target at C, closed second half under entry:


Stock Picks Recap for 8/26/20

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, AXTI triggered long (without market support due to opening 5 minutes) and didn't work:

From the Messenger/Tradesight_st Twitter Feed, nothing else triggered. Waste of time.

In total, that's 0 trades triggering with market support.