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.
Ford...I sold half the Ford position off just shy of the 50 DMA @ 14.86 per our resting order.
Raise the trailing stop to 14.00 Stop Close from the current 13.80.
JJG...we have a resting order to sell 1/2 this position @ 39.30.
We'll leave the order working for now,while monitoring the corn.
A rally in corn to anywhere near $4.00 will see me exit half the JJG at the resting price order or at the market.
MSFT...although getting overbought, looks to be headed to close to 51
?CAT & DE?are flirting with their respective 200 DMA's?.
WTI...is being a drag on the Equity Indices, with Pharma names along with AAPL & BABA are picking up the slack.
TSLA...should struggle @ 256.
FEYE...is getting a little rich up here again with a potential weekly and monthly double top. This needs a couple of days closing above 34.55 for higher.?