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 27, 2014

January 27, 2014- Stocks Close Lower for Fifth Straight Day

Stocks fluctuated over the course of the trading day on Monday but maintained a negative bias before closing mostly lower. The drop on the day extended the downward move seen last week, which was the worst for the markets since 2012. The major averages all closed in the red, although the tech-heavy Nasdaq underperformed its counterparts. While the Nasdaq tumbled 44.56 points or 1.1 percent to 4,083.61, the Dow dipped 41.23 points or 0.3 percent to 15,837.88 and the S&P 500 slid 8.73 points or 0.5 percent to 1,781.56. The continued weakness on Wall Street partly reflected lingering concerns about emerging markets as well as the likelihood of further tapering by the Federal Reserve. The Fed is holding a two-day monetary policy meeting beginning on Tuesday, and traders will be closely watching any comments regarding the outlook for its asset purchase program following December's decision to begin scaling back stimulus.
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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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