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.
SPU's...need to hang in around 2037 or you can see the low 2020's.
There is no hope for the Oil complex for another week
SILVER...there is hope as long as it holds 16.60 on any break.
The entire dollar trade is being unwound, however the DXE is trading at support and the downside momentum level @ 8857
AAPL...107.80 is support @ the 50 DMA.
SLV...calls....sell 1/2 the Calls out @ the market when the SLV trades 16.50...(the strike)?
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.