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.
Stick to the names and sectors that have been leading.
IBB & XLV are the sector ETF's that look good.
GOOGL...breaks out to the upside with a close over 591.
This will propel the the Indices higher.
Some of the Oil names are trying to bottom. SLB & COP are a couple
of very beaten up names that are trying to bottom.
IBB? ?
GOOGL
SLB?
COP
BAC....John Thomas was all over this yesterday before all the CNBC boys
Got on board?today!!!
?
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.