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Stocks higher… of course, it’s Tuesday!

April 29, 2014 Stock Market Update

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Market Recap For Tuesday, April 29th 2014

Stocks traded higher today with the S&P up 9 points and the DOW finishing 97 points higher. Today marked the 7th consecutive winning Tuesday this year.

For whatever reason, traders love Tuesdays. Only 2 Tuesdays this year have finished lower. In fact, the S&P is up approximately 9%  on Tuesdays alone!

Markets To Watch

Markets To Watch

Facebook (FB) had a nice up day, finishing the session +3.58% higher.

With today’s move we have an interesting situation developing in this stock. With the recent 4 day FB slide, a Power Crossover Method Sell Signal was identified today, in spite of the strong up day.

If FB continues to trade higher the Sell Signal won’t actually be triggered. But if we see a strong move lower that takes out today’s low…look out below. 🙂

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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