June 20, 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.

AAPL…held it’s weekly breakdown # yesterday @ 91.35.

This is the least risky stock on the board to own with a closing stop against this level going into month end.

A close above 93 will be the start of another leg up.

Spu’s…closing above 1960 will tgt the mid 1980’s.

30 yr. Bonds….”every picture tells a story”

This one shows why I’m fond of continuation charts.

Bonds need to go higher before they go lower.

 

30 TB 6-20-14

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.