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.
P…Pandora breaks out to the upside with a close over 25.50.
IBB…as long as this maintains a close over 201.30 this will remain one of our favorites.
YHOO…Earnings out later today and this looks ripe for higher.
DD…a close over 58.75 should see DuPont make new highs for the year.
It would seem that the Senate statement has been disseminated to the Senate & House Trading surrogates. Yes, they typically front run their mouths!
If the indices hold a bid after the press conference, the above are some names to take a look at.
For Glossary of terms and abbreviations click here.