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.
Today's ORL #'s.
Spu's...2026.75
Nasd 100...41166.50
Midcap...1424.90, which is right into daily support.
BABA...114.02
Time Frame Trading the rest of the day.
I am not looking for an Equity Index meltdown, notwithstanding the stock rotation has been brutal.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.