Vialoux's Technical Talk: April 23, 2014

Jon Vialoux on BNN last night

Following are links:

http://watch.bnn.ca/#clip1081690

http://watch.bnn.ca/#clip1081692

http://watch.bnn.ca/#clip1081687

http://watch.bnn.ca/#clip1081689

http://watch.bnn.ca/#clip1081688

http://watch.bnn.ca/#clip1081691

http://watch.bnn.ca/#clip1081694

http://watch.bnn.ca/#clip1081693

Interesting Charts

European equity markets and related ETFs are moving to six
year highs.

High grain prices have prompted strength in the Agriculture
sector. MOO reached a 15 month high yesterday.

Stock Tweets Yesterday

Magna International $MGA broke out this morning and is
leading auto stocks on the upside. ‘Tis the season! See

http://charts.equityclock.com/magna-international-inc-usa-nysemga-seasonal-chart

DJTransportation Average broke to an all-time high this
morning. ‘Tis the season until the first week in May. See

http://charts.equityclock.com/transportation-industry-seasonal-chart

“Gassy” stocks in the U.S. are leading the energy sector.
Nice breakouts by $COG and $APA this morning. ‘Tis the
season!

Technical Action in Individual Equities
Yesterday

Technical action by S&P 500 stocks remains bullish.
Another 16 S&P 500 stocks broke resistance and two broke
support (PNR and KMB).

Two TSX 60 stocks broke resistance (Magna and Canadian
National Railway) and none broke support.

FP Trading Desk Headline

FP Trading Desk headline reads, “Things are finally
looking up for the loonie”. Following is a link:

http://business.financialpost.com/2014/04/22/things-are-finally-looking-up-for-the-loonie/

FP Trading Desk headline reads, “Advisors turn bearish on
Canadian stocks in the second quarter”. Following is a
link:

http://business.financialpost.com/2014/04/22/advisors-turn-bearish-on-canadian-stocks-in-q2/

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:

STAPLES Relative to the S&P 500

A chart to watch

A technical analyst noted on CNBC’s Fast Money last night
that Facebook is forming a potential reverse head and
shoulders pattern. Facebook is scheduled to release first
quarter results today. The stock is worth watching.
Completion of the pattern above the neckline will attract
significant interest in the Technology sector.

Disclaimer: Comments, charts and opinions
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. Don and Jon Vialoux are
Research Analysts with Horizons ETFs Management (Canada)
Inc.  All of the views expressed herein are the personal
views of the authors and are not necessarily the views of
Horizons ETFs Investment Management (Canada) Inc., although
any of the recommendations found herein may be reflected in
positions or transactions in the various client portfolios
managed by Horizons ETFs Investment Management (Canada)
Inc.

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Horizons Seasonal Rotation ETF HAC April
22^nd 2014