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.
An interesting session for the calls. Little more work than usual, but things worked out.
From the report, MDCO triggered short (with market support) and worked enough for a partial:
From the Messenger/Tradesight_st Twitter Feed, AMGN triggered long (with market support) and worked:
Mark’s SWC triggered long (without market support) and held in the money, but never by more than ten cents:
SINA triggered long (without market support) and didn’t work:
I put the call back in the Messenger for SINA, and it triggered (with market support) over lunch and worked if you were interested:
TEVA triggered long (with market support), posted to close in the Messenger just above the trigger at A after it didn’t go anywhere with the market, didn’t do anything either way:
BIDU triggered short (without market support) and didn’t work:
It was a nice enough setup, so like SINA, I put the BIDU call in again under the lows, and it triggered (with market support) in the afternoon and worked:
In total, that’s 4 trades triggering with market support, all 4 of them worked, but we had to post re-entries to win those because several triggered first WITHOUT market support.