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, January 30, 2015

January 30, 2015- Stocks Close Sharply Lower on Weak GDP Data

Stocks saw some volatility during trading on Friday but largely maintained a negative bias before ending the session firmly in the red. The losses on the day offset the strong upward move that was seen in the previous session. The major averages saw further downside going into the close, ending the session near their worst levels of the day. The Dow tumbled 251.90 points or 1.5 percent to 17,164.95, the Nasdaq slumped 48.17 points or 1 percent to 4,635.24, and the S&P dove 26.26 points or 1.3 percent to 1,994.99. With the losses on the day, the major averages all moved sharply lower for the week. The Dow plummeted by 2.9 percent, while the Nasdaq and the S&P 500 plunged by 2.6 percent and 2.8 percent, respectively. The weakness on Wall Street reflected a negative reaction to a Commerce Department report showing that U.S. economic growth slowed more than expected in the last three months of 2014.
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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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