Technical Talk: Major Markets Have Moved Above Their 50-day MA

December 12, 2012

2 minute read

Interesting Charts

Major North American equity indices have moved above their 50 day moving average.

Many sectors with positive seasonality moved above their recent trading range yesterday. All also are outperforming the market (S&P 500 or TSX Composite).

Thackray’s Market Letter

- Know your Buys and Sells a Month in Advance-

Brooke’s month market letter was released yesterday. Highlights are as follows:

· Thackray’s 2013 Investor’s Guide is here. Order through www.alphamountain.com , Amazon, Chapters or Books on Business. Great stocking stuffer for Christmas!

· S&P 500 technical status

· Positions in the Horizons Seasonal Rotation ETF (HAC) as of November 30^th

· Updates and Opportunities: Santa Claus Rally, Small Cap Effect, Silver, Agriculture, Feritilzer stocks, Semiconductors, Consumer Discretionary, Homebuilders, Industrials, Metals and Mining, Canadian Banks

· Last thoughts on prospects in December and 2013.

The market letter is free. Subscribe by visiting www.alphamountain.com

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:

Industrials Sector Seasonal Chart

Disclaimer: Comments and opinions offered in this report at www.timingthemarket.ca 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.

Don and Jon Vialoux are research analysts for Horizons Investment Management Inc. All of the views expressed herein are the personal views of the authors and are not necessarily the views of Horizons Investment Management Inc., although any of the recommendations found herein may be reflected in positions or transactions in the various client portfolios managed by Horizons Investment Management Inc

Horizons Seasonal Rotation ETF HAC December 11^th 2012

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.