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.

A nice day overall with good winners in FB and FOSL even though the other stuff didn’t work, but we kept it all tight.

From the report, FOSL triggered short (with market support) and worked:

MDLZ gapped under the trigger, no play.

EXXI triggered short (with market support) and did not work, although in the Lab we closed it for a dime loss as it swept the trigger heading into lunch:

From the Messenger/Tradesight_st Twitter Feed, FB triggered short (with market support) and worked:

BIDU triggered long (with market support) and didn’t work, although we retook it in the Lab on a second trigger than worked fine, but we only officially count the first trigger unless posted to the Messenger/Twitter feed:

EBAY triggered short (with market support) and didn’t go enough in either direction to count, too late in day:

SNDK triggered short (with market support) and didn’t work:

In total, that’s 5 trades triggering with market support, 2 of them worked, 3 did not.

Share This