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.
Bonds Futures Down=Dollar up against the majors, and the buying of bank stocks.
KBE...the regional ETF is still reasonable at current prices.
GS,BAC... Look to buy the next pullback.
"Citibank" if you still have some of those calls just take delivery and stay long! all are putting in ORH weeks and possible months.
?AIG...? just bent me over for a huge premium increase, must be why it's taking off as well.
Deutche Bank...is breaking out on the daily cloud. With closes "next week" above 34 look for a test of 37.
JPM...I wouldn't chase this name. Buy the next break.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
