Abstract: A fishing rod holder and signaling apparatus having a generally vertically disposed support member to which a counterbalanced semi-tubular rod holder is pivotally affixed. The support member may be adjustably connected to an outdoor chair or may be inserted into the ground. The rod holder is counterbalanced by a biasing means which acts between a rearwardly extending actuating lever affixed to the rod holder and the support member. A visual-audio signaling device is mounted on the support member directly above the rod holder and is actuated by upward pivotal movement of the actuating lever. An adjustment mechanism is disposed between the biasing means and the support member to permit precise, continuous regulation of the amount of pull on the fish line necessary to actuate the signaling device.