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, February 6, 2015

February 06, 2015- Stocks Close Lower with S&P at Resistance

After moving moderately higher in early trading, stocks showed a notable downturn over the course of the trading day on Friday. The major averages pulled back well off their highs for the session and into negative territory. While the major averages regained some ground going into the close, they remained stuck in the red. The Dow slid 60.59 points or 0.3 percent to 17,824.29, the Nasdaq fell 20.70 points or 0.4 percent to 4,744.40 and the S&P 500 dipped 7.05 points or 0.3 percent to 2,055.47. Despite the pullback on the day, the major averages all moved sharply higher for the week. The Dow soared by 3.8 percent, while the S&P 500 jumped by 3 percent and the Nasdaq surged up by 2.4 percent. The early strength on Wall Street partly reflected a positive reaction to the release of a Labor Department report showing stronger than expected job growth in the month of January.
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Delivering Consistent Returns



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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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