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.
TWTR...tweeters can buy Twitter with a stop below today's low to see how far it can rally, although I think there are much better names to own. 44.70 is first resistance.
IBB...299 is the first upside swing count off the monthly ORH pattern currently in play.
?TWX...a close today above 80 puts in an ORH day?.
DIS...looks great with a risk being a close below 88.
AAPL...103.74 is support. 110 is the first tgt.
IWM...breaks out on the Monthly charts with sustained closes over 112.?
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
