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.
In case you haven't noticed the Bonds have been running the spreads.
Look to the Banks...JPM,GS,DB & BAC
In general the lows today across the majors currencies were decent holds.
Individual names...
FXI is a buy against 49.20.
FB...is breaking out on a weekly chart. Buy any weakness.
SAP...gains momentum over 76.
MVV...Midcap has a potential ORH week in play.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
