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

Monday, January 28, 2013

January 28, 2013-Stocks Edge Slightly Lower in Choppy Trading Session

After trending higher over the past few weeks, stocks showed a lack of direction throughout the trading day on Monday. The lackluster performance as came as traders seemed reluctant to make any significant moves following the recent strength. The major averages eventually ended the day on opposite sides of the unchanged line, with the Nasdaq posting a modest gain. While the Nasdaq rose 4.59 points or 0.2 percent to 3,154.30, the Dow edged down 14.05 points or 0.1 percent to 13,881.93 and the S&P 500 fell 2.78 points or 0.2 percent to 1,500.18. The choppy trading on Wall Street came as traders expressed uncertainty about the near-term outlook for the markets after recent gains lifted the Dow and the S&P 500 to five-year highs. Traders also seemed to be staying on the sidelines ahead of the Federal Reserve meeting and the release of the monthly jobs report later in the week.
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Successful Trading requires:
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