While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
SCHW...is attempting an ORL day by staying under 26.73.
By not holding 26.49 is mvg avg support, look for the up move to be over.
PCLN...1109-10 is the 200 DMA support.
KBE...is trading @ it's 200 mvg avg @ 31.96. Price action below is negative.
BRKA...190,600 will be pivotal. Closing below would signal a short term high.
AAPL...has run the yearly buy stops. Resistance is 584-88.
GOOGL...is into monthly support. The daily 200 DMA is 516.73. This is support.
GS...weekly sell stops are @ 156.23.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.
