Oil up, stocks down – here’s why…

Market Recap For Thursday, June 12th 2014

Stocks were lower again as concerns over violence in Iraq took center stage.

The S&P ended the session down 14 points and the DOW had its second consecutive triple digit down day, down 110 points. The recent 2 day slide is the biggest losing streak in the last two months.

With concerns over the middle east and oil, Crude Oil (CL) sky rocketed and triggered a Power Crossover Method Buy Signal at $105.07.  CL ended the day up +2.36% as 106.86 a barrel.


Markets To Watch


Markets To Watch

Facebook (FB) was up just enough for Power Crossover Method traders take take profits at the $66.29 ADR Profit Target before retreating and ending the day down -2.25%.


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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