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

Friday, March 22, 2013

March 22, 2013-Stocks Close Higher Now Needing to Break 2007 Channel Resistance

After ending the previous session firmly in the red, stocks moved back to the upside during trading on Friday. The markets benefited from optimism about the situation in Cyprus, although trading activity was relatively subdued. The major averages held on to notable gains going into the close, ending the day firmly in positive territory. The Dow advanced 90.54 points or 0.6 percent to 14,512.03, the Nasdaq rose 22.40 points or 0.7 percent to 3,245.00 and the S&P 500 climbed 11.09 points or 0.7 percent to 1,556.89. Despite the gains on the day, the major averages still closed modestly lower for the week. While the Dow edged down by less than a tenth of a percent, the Nasdaq and the S&P 500 dipped by 0.1 percent and 0.2 percent, respectively. A positive reaction to the latest news out of Cyprus contributed to the strength on Wall Street, with Cypriot lawmakers reportedly making progress on coming up with a new bailout plan.
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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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