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, CTRX triggered long (without market support due to opening 5 minutes, although we took it in the Lab anyway) and worked:
SGEN triggered long (with market support) and worked:
ARIA gapped under the short trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, GOOG triggered short (with market support) and worked:
AMZN triggered short (with market support) and didn’t work initially, worked later:
Rich’s SODA triggered short (with market support) and worked:
His GDX triggered long (ETF, so no market support needed) and didn’t work:
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not.