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 22, 2013

January 22, 2013-Stocks Look to a Flat Open Ahead of Earnings

The overwhelming sentiment among traders is likely to be one of caution, as the markets await the release of several blue chip earnings and a key housing report. The index futures point to a mixed start on Tuesday, as the markets open after a public holiday yesterday. Earnings from Dow components DuPont (DD), Travelers Companies (TRV), Johnson & Johnson (JNJ) and Verizon (VZ) due before the markets open could impact trading. Earlier in the global trading day, the Bank of Japan's monetary policy board decided in line with expectations, although its decision to begin open-ended purchases only in January 2014 peeved investors. Meanwhile, traders may also pay attention to the EU finance ministers meeting being held at Brussels. The Dow futures are easing 4 points, while the S&P 500 futures are gaining 1.10 points and the Nasdaq 100 futures are moving up 6 points. U.S. stocks extended their gains in the week ended January 18th, benefiting from some solid economic data that served to allay concerns about the domestic economic strength. Earnings largely remained mixed, creating some volatility in the markets.
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Delivering Consistent Returns



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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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