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.
We're off to a the races with managers buying upside into earnings season.
TSLA & SCTY ...are attempting ORH days...Everything Elon Musk
NFLX...The 25 July 500 calls have doubled this A.M. to around $5.30 cents. The 500 strike is achievable on earnings.
This is one you want to play going into earnings. Look at any mid-week weakness as an opportunity to put on a long strategy.
RAX...Rackspace looks good as long as it holds Friday's close @ 31.85.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.