Market Recap 8th May 2014 – Day traders LOVE it (but investors don’t)

By Markus Heitkoetter

Today’s trading was a mirror image of yesterday. Today we saw the opposite move: an early morning rally and late session sell-off.

But with Simple Strategy signals continuing to work well in the E-Mini S&P, who can complain?

At the end of the day stocks were mixed. The S&P finished down -2.5 points and the DOW was 32 points higher.

Verizon (VZ) continued its march higher after yesterday’s Power Crossover Method signal. VZ was up another .81% and is making its way towards our $48.91 Average Daily Range target.

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