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.
AAPL...96 is resistance
NFLX...445 is resistance and the upside closing pivot.
LCQ...Cattle is attempting an ORL day. 155.75 is mvg avg support.
Weekly sell stops are @ 155.30 tgting 153.40.
In short, the Spread has yet to bottom.
I'm a Buyer of the Spu's @ 1870 +- 5 points.
I'm a SELLER of the 30 yr. Bond Futures @ 140.14.
Both of these are worth a go the first time into the zones for bounces.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.