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 5, 2015

January 05, 2015- Stocks Trade Lower on Energy and Oil Weakness

The sentiment on Wall Street remains cautious on Monday, as reflected by the U.S. index futures, which point to a lower opening. Asian stocks closed mixed earlier in the global trading day, while the European markets are also seeing an apprehensive mood. With the dollar rising to a 9-year high against the euro, crude oil is continuing to trend lower. With some key U.S. economic catalysts, including service sector reading, FOMC minutes and non-farm payrolls data, and global economic events due for the week, the mood may continue to remain subdued. The Dow futures are slipping 43 points, the S&P 500 futures are receding 5.25 points and the Nasdaq 100 futures are moving down 9.25 points. U.S. stocks reversed course and ended lower for the week ended January 4th, as valuation concerns and subdued activity levels amid a lack of any major trading triggers served to take some sheen of the year's market rally.
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Successful Trading requires:
1. Following a set of proven disciplines
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4. Continuous Learning

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