August 29, 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.

TQNT...is attempting an ORH day.

CRM...attempted trend support @ 57.45 and is now looking up.

LVS...a close above 68.60 puts in an ORH day. This would be an upside breakout.

FEYE...looks to run up to 32.20

SMH...50.72 is support. A close above 51.21 would be an upside breakout with an ORH day.

SWKS...has more room to the upside.

Tomorrow is month end. The Bulls are in control.

For Medium Term Outlook click here.

?For Glossary of terms and abbreviations click here.

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