DOW crawls to new record high

Market Recap For Tuesday, June 10th 2014

Today stocks ended the session mixed. The S&P made a late session push to end the day at its session high, just shy of a new all-time record close. The S&P finished the day down just a 1/2 a point.

It was a lackluster day for the DOW as well. BUT the late session push was just enough for the index to end the day with a new all-time high close. With today’s 3 point gain, the DOW extends its win streak to 5 consecutive trading sessions.

Volume and volatility are at the lowest levels of the year, which is typical for summer. But with stocks at all-time highs it’s hard not wonder if this could be the final push before a market retracement. For now, the best advice is to trade what you SEE not what you THINK.


Markets To Watch


Markets To Watch

Facebook (FB) had a nice rally, ending the day+4.60% higher. The move was attributed to news that PayPal President David Marcus will be leaving Paypal to join FB.

Today’s move was a nice lift for Power Crossover traders, putting FB within reach of a $66.29  Power Crossover Method ADR Profit Target.


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!

Like it? - Share it!

Leave a Reply 0 comments