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.
Investors are taking some profits against a potential double top in the Spu's prior to Yellen's Senate grilling.
There is a potential double bottom in the VXX (Vix ETN).
Buy the VXX @ the Market.
Use a 26.80 Stop GTC.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.