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.
Raise the trailing Goldman Sachs sell stop to 157.90 Close.
AUD/USD...97.55 is the 200 day mvg avg and natural resistance.
Currencies are rallying on the crosses vs short the Yen.
I wouldn't chase anything.
EWW...needs a close over 66.20 to break out to the upside.
Healthcare looks attractive after the recent sell off.
DXJ...remains positive as long as there is no close below 47.90
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