Randy'sTradingDesk: August 21, 2013- Stocks Look to Trade Lower on Concerned Sentiment

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Wednesday, August 21, 2013

August 21, 2013- Stocks Look to Trade Lower on Concerned Sentiment

Wall Street sentiment is once again bordering on the negative despite yesterday's recovery attempt that resulted in a mixed close. The index futures are pointing to a negative opening on Wednesday. The Asian markets closed on a mixed note and European stocks are seeing negative sentiment amid worries ahead of the release of FOMC minutes. If the FOMC minutes prove that fears concerning premature withdrawal of stimulus are well founded, the markets may see some weakness. The existing home sales report due after the markets open may also offer some directional clues. The Dow futures are slipping 33 points, the S&P 500 Index futures are down 4.40 points and the Nasdaq 100 futures are declining 10.25 points. U.S. stocks closed mixed on Wednesday, as some positive retail earnings helped offset some of the recent negativity.

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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
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