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.
NFLX... is attempting an ORH day to the upside with a close over 328.
This is a buy before you sell against 320 for a possible low.
KBE...gains upside momentum with a close over 32.05.
KRU...the regional banks have bottomed as well. A close over 79.35 will lead to more upside.
MSFT...has put in a manageable weekly low @ 38.40. A close over 39.70 will lead to more gains.
INVN..gains momentum over 19.15. Look for another 5%. to the just over 20.
YHOO...has a weekly double bottom. Closing over 34.80 codifies your downside risk.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.