Stocks have best week of the year!

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Market Recap For Sunday, April 20th 2014

Stocks has a wild ride over the past couple of weeks. And with all this volatile moves, it’s sometimes hard to see the big picture.

Did you know that stocks had their best week of the year last week?

The markets were closed on Friday in observance of Good Friday, but even though we just had a short trading week, the  S&P ended the week up +49 points or +2.71%. The DOW did just as well with a 382 point gain or +2.38%.


Markets To Watch


Markets To Watch

If you had to fill up your car over the weekend and thought gas prices were higher than they have been, you were right. Gas prices are at levels that we haven’t seen since in 7 months. Part of the increase on the West Coast was due to a recent refinery issue, but Crude Oil (CL) has also been creeping higher. On Thursday CL had its highest close since September 20th of last year.

The Power Crossover Method gave a buy signal on March 27th, but at this point we’d like to see a move in the opposite direction before considering a new trend. In the meantime CL will remain on our watchlist.


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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