Tech Talk for Tuesday April 26th 2016

April 26, 2016

2 minute read

Globe & Mail Article

Headline reads, “Why it’s time to shift away from “Sell in May and Go Away”. Author is Don Vialoux. Following is a link:

http://www.theglobeandmail.com/globe-investor/investment-ideas/why-its-time-to-shift-away-from-sell-in-may-and-go-away/article29749136/

StockTwits Released Yesterday @EquityClock

Long-wick candlesticks on the weekly charts of the S&P 500 Index consistent with prior short term peaks.

Technical action by S&P 500 stocks to 10:30: Quietly bearish. No breakouts. Breakdowns: $rop $XRX

Editor’s Note: After 10:30 AM EDT, technical action remained quiet. Breakout: $FLIR. Breakdown: $KLAC

Trader’s Corner

Momentum indicators continue to deteriorate

Daily Seasonal/Technical Equity Trends for April 25^th 2016

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for April 25^th 2016

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Sector Trends for March April 25^th 2016

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

Trend continues down, off another 1.75%

TSX Momentum Barometer

More deterioration: Down another 1.74%

Special Free Services available through www.equityclock.com

Equityclock.com is offering free access to a data base showing seasonal studies on individual stocks and sectors. The data base holds seasonality studies on over 1000 big and moderate cap securities and indices. To login, simply go to http://www.equityclock.com/charts/ Following is an example:

Keith Richards’ Blog

“Give me a one-handed economist! All my economists say, On the one hand – on the other hand.” Harry Truman

Today’s blog covers arguments from both bull and bear perspectives. On the one hand…

http://www.valuetrend.ca/on-the-one-hand-2/

Disclaimer: Seasonality and technical ratings offered in this report by www.timingthemarket.ca and www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed

Author

Don Vialoux, EquityClock.com

Don Vialoux is the author of free daily reports on equity markets, sectors, commodities and Exchange Traded Funds. All of the views expressed herein are his personal views although they may be reflected in positions or transactions in the various client portfolios. Daily reports are available at http://www.timingthemarket.ca.