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.
FXI...China breaks out to the upside if it can close over 42.50-60.
The cheapest look in the options is the 42.50 3/20/15 Calls trading around .39 cents.
RCPT...is holding support.
ALXN & MDVN...are putting in an ORH days. These two will be opening range candidates tomorrow.
MSFT...looking for less volatility? This is attempting an ORH day.
3/20/15 42 Calls for around .19 cents is worth a look. it's a cheap bet on an accommodating Fed.
FB...gains upside momentum over 75.80 close.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.