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.
DIS...is one of the best names to hold. it's barely budged with today's early sell off.
Still looking for 112 as long as there is no close below 104.40.
PANW...held an early sell off as did CYBR & FEYE.
Hack is the sector ETF but you'll do better in the individual names.
PHARMA...this is the great game along with cyber security.
You'll continue to see names like GOOGL,AAPL & DIS benefit from new capitol flows since they're viewed as stable big caps.
The big pops will be in Pharma, as with ICPT up 10% from today's opening range.?Wave counts could see this up another 40 dollars.
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For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.