Buy Netflix (NFLX)?

Market Recap For Monday, May 19th 2014

Stocks started the week on a positive note with all major indices ending the day higher.

The S&P opened the day in negative territory, but a slow and steady rally lifted the S&P, eventually ending the day near session highs.

At the end of the session the S&P was up 8 points and the DOW was 21 points higher.

Markets To Watch

Markets To Watch

After testing lows of the year, Netflix (NFLX) made a push higher that produced a Power Crossover Method Buy Signal on 5/14/14.

With today’s +$14.62 gain and a break of the $354.41 mark, the Buy Signal was officially triggered.

We’ll be looking for an ADR Target of $394.13 if the rally continues.

This Week’s Economic Calendar

This Week’s Economic Calendar

Real Time Economic Calendar provided by

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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