February 10, 2014 – MDT – Midday Missive

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.

Technology has the best looking charts. They are also following through to the upside from a technical perspective.
AAPL…closing above 545 will start a whole new up leg.
I can make a case for GS to bottom, however this is not the market feature.
Utilities are attempting an ORH day.
JNPR..looks good by holding today’s low. The upside tgt level is 29.
S.QLD 2-10-14
ENQ 2-10-14
ENQ b 2-10-14
sgs 2-10-14
For Glossary of terms and abbreviations click here.