Monday Morning Hangover?

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Market Recap For Monday, May 5th 2014

It looked like a Monday Morning Hangover:

Stocks started the week in negative territory, and it seemed like we were going to see the 3rd consecutive down day for the S&P.

But a slow steady Cinco De Mayo rally, fueled by a better than expected ISM non-manufacturing report, lifted the markets and erased early morning gains.

At the end of the session the S&P had a modest 3.50 point gain and the DOW was up 18 points.

On a side note, Apple (AAPL) was a big winner today, closing above $600 for the first time since 2012.


Markets To Watch


Markets To Watch

The Tesla Motors (TSLA) Buy Signal is looking pretty good with today’s +2.56% rally.

The Power Crossover Method average daily range profit target is at $243.82.

But remember that TSLA is scheduled to release earnings on 5/7/14.


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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