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.
Food for thought...
Friday is month end. U.S. trading will be left to one guy? (low man on the totem pole) in the office, flipping the power switch on and off for the machines.
Sunday night into early Monday should see the expected positive capital flow with Mutual Fund Monday in the U.S.
What's good will stay good and remain in rally mode.
EWW..(Mexico)... EWY? Korea both are low Risk trades here.
LNG...has held. The RSI's are now neutral and can have a good run up into month end and beyond.
Look to the individual names (the usual suspects) to get pushed higher into month end.
For Glossary of terms and abbreviations click here.