Randy'sTradingDesk: June 12, 2013- Stocks Close Lower Unable to Sustain Early Gains

An expert-driven approach to trading

Wednesday, June 12, 2013

June 12, 2013- Stocks Close Lower Unable to Sustain Early Gains

After failing to sustain an initial upward move, stocks have turned lower over the course of the trading day on Wednesday. The major averages have pulled back well off their highs for the session and into negative territory. The major averages have bounced off their new lows for the session in the past few minutes but remain firmly in the red. The Dow is down 55.06 points or 0.4 percent at 15,066.96, the Nasdaq is down 18.14 points or 0.5 percent at 3,418.80 and the S&P 500 is down 6.44 points or 0.4 percent at 1,619.69. While traders went bargain hunting at the open following yesterday's weakness, buying interest waned not long after the start of trading. The subsequent pullback by stocks reflected the recent downward momentum for the markets amid lingering concerns about the outlook for the Federal Reserve's stimulus program. Concerns about the situation in Turkey are also weighing on the markets after riot police used tear gas and water cannons to clear anti-government protesters from Istanbul's Taksim Square.

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randystradingdesk@gmail.com

Successful Trading requires:
1. Following a set of proven disciplines
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3. Patience know "when to hold em and when to fold em"
4. Continuous Learning

Why Does He Provide the Service

What I have found out about myself is that I am really successful when working with a team and when it is all about me I tend to get lazy. If it were not for leading an investment team, this model would not have developed to the degree of accuracy and efficiency that it is today. It's about being accountable to others that encourages the weekly analysis used in refining this system and always looking for ways to streamline even further by investigating technology solutions that automate what is considered routine. As a result, we are able to take advantage of a refined system while offering it to a limited group of investors.

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Limited Time or Knowledge
Here investors are notified when a "Traders Pick" is posted and simply log-in to the service to view the selection and follow a precision pricing strategy (PPS) for each traders pick recommended. These picks focus on US, CAD, ETF's and Global/Emerging markets.

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