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

Thursday, March 21, 2013

March 21, 2013-Stocks Fall on Euro Bailout Concerns

Stocks moved mostly lower during trading on Thursday, offsetting the gains posted in the previous session. The pullback by the markets came as worries about the situation in Cyprus overshadowed a batch of largely upbeat U.S. economic data. The major averages ended the day in negative territory but off their worst levels of the session. The Dow fell 90.24 points or 0.6 percent to 14,421.49, the Nasdaq slid 31.59 points or 1 percent to 3,222.60 and the S&P 500 dropped 12.91 points or 0.8 percent to 1,545.80. Worries about the situation in Cyprus contributed to the weakness on Wall Street, with the Mediterranean island nation seen as potentially headed toward default. Cypriot politicians are attempting to come up with a "Plan B" after rejecting a European Union bailout plan that would tax bank deposits, but the European Central Bank indicated that it would only provide emergency funding for the nation's banks until Monday.
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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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