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.
ZTS...is breaking out to the upside as long as this holds 47.40, look for a run to 49.00.
Crude...I wouldn't chase the rally into today's highs which is mvg average resistance.
DIG & XLE show the same pattern as OIL.
XOM...looks to have bottomed.
CVX...needs a confirming close over 107
OXY...can run to 76.
Gold...1177-82 is P&F and mvg resistance. Closing above 1187 creates all new upside momentum.
FB & TWTR...should continue higher into Month end.??
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