Stock Picks Recap for 7/15/14
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, WFM triggered short (with market support) and worked:
VPRT triggered short (with market support) and didn't work:
From the Messenger/Tradesight_st Twitter Feed, SNDK triggered long (without market support) and didn't work:
Rich's IBB triggered short (with market support) and worked:
Rich's GOGO triggered short (with market support) and worked a little:
His KNDI triggered long (with market support) and worked enough for a partial:
In total, that's 5 trades triggering with market support, 4 of them worked, 1 did not.
Futures Calls Recap for 7/15/14
A little better range although volume was worse early as we start earnings season. Two calls triggered, one didn't work, and one did. NASDAQ volume climbed after the Fed Chair spoke to Congress, but still closed only at 1.6 billion shares.
Net ticks: -4.5 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.
Our long triggered at A at 3931.50 and didn't quite make it to the first target and stopped. Our short triggered at B at 3926.00, hit first target for 6 ticks, and stopped second half over entry:
Forex Calls Recap for 7/15/14
Closed out the second half of a winner from the prior session and had another winner. See GBPUSD section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
The second half of the short from the prior session stopped at A in the money. Our new long triggered long at B, hit first target at C, and we raised the stop twice and stopped at D for 40 pips:
Stock Picks Recap for 7/14/14
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, QGEN triggered long (without market support due to opening 5 minutes) and worked:
ROST triggered short (with market support) and worked a little eventually:
From the Messenger/Tradesight_st Twitter Feed, GILD triggered long (with market support) and stayed flat like the market. It went enough for a partial, but we won't even count it:
In total, that's 1 trades triggering with market support, it worked. A sleeper of a session.
Futures Calls Recap for 7/14/14
What a strange session. Not sure I recall seeing one like it that wasn't a Holiday. The markets gapped up and the ES stuck in basically a 3-point range for the entire session. No calls triggered as we never even touched a level on the ES. NASDAQ volume closed at 1.4 billion shares. Very odd in general, although the market is waiting for earnings to start Tuesday.
Note that the NQ moved up a little, and it had a Comber 13 sell signal at the high bar.
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:
Forex Calls Recap for 7/14/14
A winner to start the week in the GBPUSD. We are still holding the second half of the trade. See that section below.
Here's a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Triggered short at A, hit first target at B, still holding second half with a stop over S1:
Stock Picks Recap for 7/11/14
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, RJET triggered long (with market support) and worked a little:
From the Messenger/Tradesight_st Twitter Feed, Mark's EBAY triggered long (without market support) and worked:
TWTR triggered long (without market support) and worked:
GLUU triggered long ($5 stock doesn't really need market support) and worked:
In total, that's 2 trades triggering with market support, both of them worked, but TWTR and EBAY for less size worked too.
Futures Calls Recap for 7/11/14
As expected, not much going on on a Friday in the summer. We have about another 4-5 true summer Fridays left to go before things pick back up. Meanwhile, we did pull out a winner on the ES again, and we also had a trade call on the NQ that worked, but I canceled it officially going into lunch as volume was so light. NASDAQ volume closed at 1.4 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:
Triggered short at A at 1955.75, hit first target for 6 ticks, bounced exactly off the LBreak/VAL level, and closed the second half 2 ticks in the money:
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.
The call here was a breakout at 3891.00 that triggered over lunch and A and would have worked:
Forex Calls Recap for 7/11/14
One stop out to end the narrow week. See the EURUSD 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.
EURUSD:
Triggered long at A and stopped:
Stock Picks Recap for 7/10/14
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, VPRT, ACXM, and SALE gapped under their short triggers, no plays.
SOHU triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich's AAPL triggered long (with market support) and worked:
TSLA triggered long (with market support) and did not work:
Rich's SRPT triggered long (with market support) and didn't work initially, worked great later with market support:
Rich's GLD triggered short (ETF, so no market support needed) and worked:
His NFLX triggered short (with market support) and didn't work:
LNKD triggered short (with market support) and worked enough for a partial:
Mark's KLAC triggered long (with market support) and worked enough for a partial:
Rich's TQQQ triggered short (ETF, so no market support needed) and worked:
In total, that's 8 trades triggering with market support, 5 of them worked, 3 did not.