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.
GS...needs over 181 for upside momentum
COST...147.50-146.80 is the low risk buy level today.
CME...who needs humans when the bots will trade twice as much with 75% less liquidity. CME is attempting an ORH week.
This looks set to test 92.60. This is a great candidate for some weekly calls. Look at the 92 & 93 strike.
YELP...is attempting an ORH week. Look at the weekly 60 calls later in the day.
EXPE...is attempting an ORH week. Look at call strikes from 92-95 for earnings.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.