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.
EWP...Spain breaks out to the upside with a close over 40.
GD...general Dynamics is putting in a potential ORH DAY.
A close over 109.70 can lead to another 10% rally.
YAHOO...daily support is at 38.25-30.
UA...has a tgt of just over 130. There are march 28 Options which can be played here.
IBB...breaks out to the upside with a close over 262.
SSO...104.33 is closing resistance
January, 2014 MediumTerm Outlook-1st-qtr-2014/
For Glossary of terms and abbreviations click here.