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.
IBB...227.40 will be pivotal for the Nasdaq. Only price action under this level would lead to more Index weakness today.
NFLX...357.50 is the hold # for the rest of today. Sustained price action below could lead to a test of 349.50.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
