November 13, 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.

Ford...I sold half the Ford position off just shy of the 50 DMA @ 14.86 per our resting order.

Raise the trailing stop to 14.00 Stop Close from the current 13.80.

JJG...we have a resting order to sell 1/2 this position @ 39.30.

We'll leave the order working for now,while monitoring the corn.

A rally in corn to anywhere near $4.00 will see me exit half the JJG at the resting price order or at the market.

MSFT...although getting overbought, looks to be headed to close to 51

?CAT & DE?are flirting with their respective 200 DMA's?.

WTI...is being a drag on the Equity Indices, with Pharma names along with AAPL & BABA are picking up the slack.

TSLA...should struggle @ 256.

FEYE...is getting a little rich up here again with a potential weekly and monthly double top. This needs a couple of days closing above 34.55 for higher.?

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.