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.
Stick to the names and sectors that have been leading.
IBB & XLV are the sector ETF’s that look good.
GOOGL…breaks out to the upside with a close over 591.
This will propel the the Indices higher.
Some of the Oil names are trying to bottom. SLB & COP are a couple
of very beaten up names that are trying to bottom.
BAC….John Thomas was all over this yesterday before all the CNBC boys
Got on board?today!!!
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.