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

Thursday, July 30, 2015

July 30, 2015- Stocks Remain Cautious on Fed Outlook

With the Fed meeting past, the markets have chosen to tread cautiously after reacting positively to the policy statement released on Wednesday. The major U.S. index futures now point to a narrowly mixed opening. The dollar is firmer with the markets factoring in a September or December rate hike, given the likelihood that Chair Janet Yellen can calm the markets at the press conference that would accompany each of these meetings. Commodities are mostly lower, although crude oil is seeing a modest bounce. Traders may also react negatively to lackluster guidance released by companies. The spotlight is also likely to be on the advance second quarter GDP data due shortly before the markets open. The Dow futures are up 2 points and the Nasdaq 100 futures are moving up 6.75 points, while the S&P 500 futures are receding 0.50 points.
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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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