Five in a row for S&P 500

April 21, 2014 Stock Market Update


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Market Recap For Monday, April 21st 2014

It was a pretty uneventful session for day traders. But by the end of the day stocks were higher, making it 5 consecutive up days in a row and the longest rally of the year for the S&P.

The S&P finished 7 points higher on the session and the DOW was up 41 points.


Markets To Watch


Markets To Watch

As we get into earnings season, pre-market and post-market earnings reports will have a big impact on stocks.

AT&T Inc. (T) is a DOW 30 component that is set to release earnings after the bell on Tuesday of this week. AT&T gave us a Power Crossover Method buy signal on March 18th and has moved higher ever since. Conservative traders saw an ADR target of $33.98 hit 3 days after an entry.

Aggressive traders still in a position might want to consider closing 1/2 of the position before earnings. With AT&T stock up almost 10% since the Power Crossover Long Signal, earnings could send the stock in either direction.


This Week’s Economic Calendar


This Week’s Economic Calendar

Real Time Economic Calendar provided by Investing.com.


Power Crossover Signals


Power Crossover Signals

The signals above are derived based on the rules of our Power Crossover Method.
Rockwell Trading Club - DVD 27: Power Crossover Strategy
Click here if you would like to learn more about the Power Crossover Method.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown above. The past performance of any trading system or methodology is not necessarily indicative of future results. Have a great trading week!

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