S&P finally does it!

Market Recap For Sunday, May 25th 2014

It was a light volume week leading up to the Memorial Day holiday. But that didn’t stop the S&P.  On Friday the S&P was able to close above the 1,900 mark for the FIRST time ever!

At the end of the week the S&P was up 22.75 points, closing at 1900.53. The DOW ended the week at 16606.27, a new all-time high close.

With Friday’s close both the DOW and the NASDAQ joined the S&P in positive territory for the year. Meanwhile the Russell 2000 lags the major indices and is still down -3.3%.1

Note:

In observance of Memorial Day
US markets will be closed on Monday!


Markets To Watch


Markets To Watch

With Friday’s push higher, Tesla Motors Inc (TSLA) ended on Friday with a  Power Crossover Method Buy Signal.

We’ll see if the signal is triggered during the upcoming short holiday week.


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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