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.
Again, I tried to keep everyone in the Lab focused on the TSLA call as it was the cleanest setup.
From the report, nothing triggered.
From the Messenger/Tradesight_st Twitter Feed, Rich’s TSLA triggered long (with market support) and worked great:
His DISH triggered long (with market support) and worked enough for a partial:
His HLF triggered short (without market support) and didn’t work:
His GS triggered long (with market support) and worked enough for a partial:
His GLD triggered short (ETF, so no market support needed) and never went enough in either direction to count, closed at the trigger:
WYNN triggered long (with market support) and didn’t work:
NFLX triggered long (with market support) and we will say that it stopped because it didn’t hit +1 before it hit -1, but ultimately it worked great if you went again:
Rich’s REGN triggered long (with market support) and didn’t work:
In total, that’s 6 trades triggering with market support, 3 of them worked, 3 did not.