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.
Another day… another opening range trade.
Spu’s get much below 2112 look for more red across the board.
GPRO…the market darling has hit it’s 200DMA @ 57.90 which should cap that rally as well.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.