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, SIMO triggered long (with market support) and worked (it also swept the trigger by a penny in the first minute, which you could take if you want, worked anyway)…yet another main pick that worked well this week:
SLAB gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, Mark’s NTRS triggered long (with market support) and worked:
Rich’s PCLN triggered long (with market support) and didn’t work:
Mark’s BIDU triggered long (with market support) and didn’t work:
I threw up a small size GS long that triggered in the last hour when the markets started to head for highs, but the move failed and the stock went nowhere:
In total, that’s 5 trades triggering with market support, 2 of them worked, 3 did not.