An expert-driven approach to trading

Follow a stream-lined approach to Contrarian trading where expertise guides you through a graduated learning program. Select pre-screened opportunities that support a complete entry and exit strategy and also track your orders to target with recommended adjustments based on current market sentiment. If you are interested in finding out more about this successful approach to trading and how to become part of this community, please email me direct at randystradingdesk@gmail.com

Wednesday, December 19, 2012

December 19, 2012- Markets Decline as Fiscal Talks Sour

After showing a lack of direction throughout much of the trading day on Wednesday, stocks came under pressure in the latter part of the session. Profit taking following recent strength contributed to the pullback by the markets. The major averages moved notably lower going into the close, ending the session at their worst levels of the day. The Dow fell 98.99 points or 0.7 percent at 13,251.97, the Nasdaq dipped 10.17 points or 0.3 percent to 3,044.36 and the S&P 500 slid 10.98 points or 0.8 percent to 1,435.81. The pullback by stocks came on the heels of the strong gains posted in the two previous sessions, which lifted the major averages to their best closing levels in about two months. Continued uncertainty about the looming fiscal cliff also generated some selling pressure, with remarks by President Barack Obama and House Speaker John Boehner suggesting that an agreement might not be as close as it appeared earlier this week.

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Delivering Consistent Returns



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Remember, this is my specialty and a full-time focus as we continue to deliver a graduated learning program to an elite trading community.

randystradingdesk@gmail.com

Successful Trading requires:
1. Following a set of proven disciplines
2. Building confidence that removes emotion
3. Patience know "when to hold em and when to fold em"
4. Continuous Learning

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