March 6, 2014 - MDT - Where to Look

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.

EWZ...Brazil is trying to bottom. A close over 41.70 tomorrow puts in a weekly ORH.

EWW...Mexico looks good. The 14 March 63 calls or call spreads going out to March 28 expiration look reasonable.

EWA...is attempting an ORH week. As long as this holds breaks to 25 it shows higher tgt's. A close tomorrow over 25.50, the weekly ORH, is price positive.

GLD...gold has the chance to rally another 30-40 dollars.

If you wish to make a bet on black with the yellow metal,

The 14 march GLD 132 Call is the ticket. @ .34 cents you can take a cheap view for 2 weeks.

These options trades are a pass line bet.

You put your money down and you either win or Lose/ the house collects all the money. (you lose all your premium)

Everybody is buying the laggards today.

Look at BRKA..that tells the story

ICE is broke out to the upside on a daily chart. A close tomorrow over 219.85 shows a retest of 230, with a weekly wave count close to 280.

I bought a couple of lotto tickets today.

The Indices are not the feature, it's the individual names.

Stock rotation is favoring interest sensitive names and a pairing back of high beta names ahead of tomorrow's NFP data.

January, 2014 MediumTerm Outlook-1st-qtr-2014/

For Glossary of terms and abbreviations click here.

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