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.
NFLX...is attempting an ORL pattern with a close below 383.? 357.40 is first support.
JPM...J.P. has potential for an ORL Month with a Friday close below 55.40. This will become a key focal point for price action later in the week.
Good above,negative below....
AAPL...earnings today. Right now it's becoming the key defensive stock to own.
Typically AAPL has sold off after earnings over the past few years.
Will today's earning be the outlier with a hold and a rally?
We'll leave the trailing stop order as is.
There are currently a myriad of stocks on their 50 day mvg averages.
DIS,XLE,GOOG
Every instrument has to be judged on it's own merits.
For Glossary of terms and abbreviations click here.
