My friend and esteemed colleague, Mad Day Trader Jim Parker, spent the weekend perusing hundreds of long term charts. He was assembling a short list of attractive names to buy after the next major sell off.
I am not talking about a modest 4% decline. Even a textbook 10% won?t get his attention. I?m talking about the kind of gut churning, rip your face off, time to change the shorts panic that you only see in your worst nightmares.
Keep in mind that Jim is a technical and momentum analyst. He doesn?t know the CEO?s, hasn?t done the channel checks, nor has he gone through the balance sheets and income statements with a fine tooth comb. That is my job.
These are picks that are simply interesting on a chart basis only. Here they are, with ticker symbols included. For specific upside targets, please contact Jim directly.
BUY (KITE) Kite Pharmaceuticals
BUY (PCYC) Pharmacyclics, Inc.
BUY (AGN) Allergan
BUY (ACT) Actavis
BUY (PANW) Palo Alto Networks
BUY (GS) Goldman Sachs
BUY?(BRKA) Berkshire Hathaway
BUY?(SMH) Market Vectors Semiconductors Index
BUY?(MMM) 3M Co.
BUY?(DIS) Walt Disney Co.
BUY?(SWKS) Skyworks Solutions
BUY?(LNG) Cheniere Energy
Keep in mind that companies with great fundamentals often have fantastic charts as well. This is why you often have researchers and technicians frequently making identical recommendations.
One approach might be to trade around these over time, but only from the long side. Another might be to enter deep out-of-the-money limit orders to buy in case we get a mini flash crash in your favorite name.
While the Diary of a Mad Hedge Fund Trader focuses on investments over a one week to six-month time frame, Mad Day Trader 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.
The Diary of a Mad Hedge Fund Trader is written by me, John Thomas, who you may have met during my recent series of conferences in the southern hemisphere.
I use a combination of deep, long term fundamental research, technical analysis and a global network of contacts to generate great investment ideas. The target holding period can be anywhere from three days to six months, although if something fortuitously doubles in a day, I don?t need to be told twice to take a profit (yes, this happens sometimes).
Last year, I issued some 200 Trade Alerts, of which 80% were profitable.
The Mad Day Trader is a separate, but complimentary service run by my Chicago based friend, Jim Parker. He uses a dozen proprietary short-term technical and momentum indicators he developed himself to generate buy and sell signals.
These will be sent to you by email for immediate execution. During normal trading conditions, you should receive three to five alerts and updates a day. The target holding period can be anywhere from a few minutes to three days.
Jim issues far more alerts and updates than I, possibly as many as 1,000 a year. He also uses far tighter stop loss limits, given the short-term nature of his strategy. The goal is to keep losses miniscule so you can always live to fight another day.
You will receive the same instructions for order execution, like ticker symbols, entry and exit points, targets, stop losses, and regular real time updates, as you do from the Mad Hedge Fund Trader. At the end of each day, a separate short-term model portfolio will be posted on the website for both strategies.
Jim Parker is a 40-year veteran of the wild and wooly trading pits in Chicago. Suffice it to say, Jim knows which end of a stock to hold up. I have followed his work for yonks, and can?t imagine a better partner in the serious business of making money for you, the reader.
Together, the?Mad Hedge Fund Trader?and the?May Day Trader?comprise?Mad Hedge Fund Trader PRO, which is for sale on my website for $4,500 a year.
You can upgrade your existing Global Trading Dispatch service, to include the Mad Day Trader. For more information, please call my loyal assistant, Nancy, in Florida at 888-716-1115 or 813-388-2904, or email her directly at?support@madhedgefundtrader.com.