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, with the big gap down, nothing should have been taken. TIVO triggered in the opening 5 minutes without market support.
From the Messenger/Tradesight_st Twitter Feed, Rich’s LNKD triggered long (with market support) and worked:
TLT triggered short (ETF, so no market support needed) and didn’t do enough to count:
NFLX triggered long (without market support) and didn’t work:
AMZN triggered short (with market support) and didn’t work:
AAPL triggered short (with market support) and worked:
In total, that’s 3 trades triggering with market support, 2 of them worked, 1 did not.