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

Tuesday, January 8, 2013

January 08, 2013- Stocks Close Lower Ahead of Earnings

With traders expressing uncertainty about the upcoming earnings season, stocks ended Tuesday's trading mostly lower. Traders continued to cash in on last week's rally following the moderate weakness that was seen in the previous session. The major averages climbed well off their worst levels of the day but remained stuck in negative territory. The Dow fell 55.44 points or 0.4 percent to 13,328.85, the Nasdaq dipped 7.01 points or 0.2 percent to 3,091.81 and the S&P 500 slid 4.74 points or 0.3 percent to 1,457.15. The weakness on Wall Street was partly due to anxiety about the strength of corporate results, with aluminum giant Alcoa (AA) releasing its quarterly results after the close of trading. The release of results from Alcoa is seen as the unofficial start of the quarterly earnings season, as it is typically the first Dow component to release its results.
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Delivering Consistent Returns



Since Nov 2009 this system has delivered an average of 1.5% per week returns . The "Weekly Average" includes taking a loss on a stock 15% of the time following a prescribed stop-loss.

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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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