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.
The 30 Yr. Bonds are leading the parade with a potential double top @ 135.15 (H).
Spu's (H)...need to sustain over 1852.50 for higher.
Only Price action over this level will run out the shorts.
Think SPU/BONDS. The spread is running the world.
What's absent from the early wiggle is the lack of interest in picking up any of the high beta tech names.
For now the board will be risk on through London's close which is @ 11:30 CDT today. They rol their clocks over the weekend.
ABX...needs a close over 21.02 to go Long.
The early stock rotation has favored the Utilities and the Water ETF's.
Natgas infrastructure names have caught a bid matching the low in the Natty futures.
Trade your time frames and capital flows the rest of the day.
January, 2014 MediumTerm Outlook-1st-qtr-2014/
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