Not as many triggers as the prior session, but all 4 worked, mostly very well.
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 since we had no short ideas in the overnight scans coming in.
From the Messenger/Tradesight_st Twitter Feed, Rich’s QIHU triggered short (with market support) and worked:
SINA triggered short (with market support) and worked enough for a partial early and even better later:
Rich’s FEYE triggered short (with market support) and worked:
NFLX triggered short (with market support) and worked:
Afternoon triggers did not trigger as the market bounced.
In total, that’s 4 trades triggering with market support, and all 4 of them worked.
