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.
From the report, RMBS triggered long (with market support) and didn’t work:
AKAM triggered long (with market support) and didn’t work:
In the Messenger, COST triggered short (without market support) and went enough for a partial:
Rich’s GS triggered short (with market support) and didn’t work:
AAPL triggered long (with market support) and worked great:
Several other calls did not trigger as the afternoon was flat.
In total, that’s 4 trades triggering with market support, 1 of them worked, 3 did not. That’s our first ratio under 50% in a while, but the AAPL call was big.