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.
From the Messenger/Tradesight_st Twitter Feed, Rich’s HD triggered short (without market support due to opening 5 minutes) and worked:
His SINA triggered short (without market support) and didn’t work:
GOOG triggered long (with market support) and didn’t work:
TEVA triggered short (without market support) and worked:
Mark’s MCHP triggered long (with market support) and didn’t go enough in either direction to count:
Rich’s FAS triggered long (ETF, so no market support needed) and didn’t work:
In total, that’s just 2 trades triggering with market support, neither of them worked, and it’s no surprise with the volume. Rich’s reciprocal play call on HD was the highlight.
