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, CELG triggered long (with market support) and went $0.35, which might have been enough for a partial, but we won’t count it because it was so fast:
HLSS gapped under the short trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s NFLX triggered short (with market support) and worked enough for a partial:
FEYE triggered long (with market support) and worked enough for an easy partial:
CELG triggered long (with market support) and worked. We used this as an early entry for partial size ahead of the main report breakout trigger:
Rich’s GPRO triggered short (without market support) and didn’t work:
Mark’s YOKU triggered long (with market support) and didn’t work:
Rich’s CAT triggered short (with market support) and didn’t work, worked later:
His GS triggered short (without market support) and didn’t work, worked later:
His BIIB triggered long (without market support) and worked:
In total, that’s 6 trades triggering with market support, 3 of them worked, 3 did not.