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.
PCLN...a close over 1162 should elect a rally to just over 1200.
I looked at the calls and they are pricing in a big rally.
At first glance, there does not appear to be a cheap way to buy upside.
CBI...Chicago Bridge another Natgas infrastructure name. Closing over 82 will be the start of another run up in this stock, which could eventually run close to 15%.
FEB 14 calls expire 2/22/14 I'm looking at the 85 strike which is 1.30 x 1.40.
GOOG...you can't fight the Borg. The 27 January 1160 calls are trading app 5.70 mid market. This gives you 17 days for this to rally another 25 dollars.
ZNGA...is breaking out to the upside on a weekly chart.
The true stop, not a money stop, is $3.60.
XLE...has held support with Crude for the past 2 days. Closing over 87.70 will see this go higher.
Oil...WTI needs over 94.60 for another dollar higher.
UNH...is reaching daily and weekly wave count tgt's close to 80. UNH needs to hold these gains for another couple of days to generate higher tgt's.
IBB...looks to reach 235.
Soybeans (H)...12.74 close is the downside risk in the Beans.
The Beans looked poised to try and rally
Corn..is starting to look up on the daily and weekly charts as well.
JJG...I have been out of this instrument for a few quarters.
I'm Buying the JJG @ 43.55 Stop On Close.
I want to see an upside break out before I buy.
The USDA Crop report comes out Midday Friday 1/10/14.
Futures traders should focus on the Beans.
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