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, no calls for Veteran’s Day.
From the Messenger/Tradesight_st Twitter Feed, Rich’s PTCT triggered short (with market support) and worked enough for a partial:
His IBB triggered long (ETF, so no market support needed) and didn’t work:
TEVA triggered short (with market support) and didn’t work:
Rich’s BABA (Rich and I both called it within 2 minutes, I’ll give it to him cause he was first) triggered short (with market support) and worked:
GILD triggered short (with market support) and worked:
Rich’s AMZN triggered long (with market support) and worked:
In total, that’s 6 trades triggering with market support, 4 of them worked, 2 did not.