Vialoux's Technical Talk: April 24, 2014

Interesting Charts

Blow out results by Facebook, Apple and Texas Instruments
after the close yesterday is expected to have a strong
positive impact on the Technology sector at the opening.
Apple gained 8.3%, Facebook added 4.4% and Texas Instruments
jumped 3.3%. ‘Tis the season for strength in the Technology
sector!

Technical Action by Individual Equities
Yesterday

Technical action by S&P 500 stocks was bullish yesterday
despite slight weakness by the S&P 500 Index and Dow
Jones Industrial Average. Another 17 S&P 500 stocks broke
resistance (led by Industrial sector stocks) and two stocks
broke support.

Technical action by TSX 60 stocks was neutral yesterday.

Surprise?

A surprising momentum spurt in the S&P/TSX Gold Index
yesterday! The Index bounced from near its 200 day moving
average. Yesterday, it moved above its 20 day moving average.
Short term momentum indicators have bottomed and are turning
higher. Strength relative to the S&P 500 Index is turning
positive. A move above 190.99 will change trend from down to
neutral. Seasonal influences are mildly positive until the
end of May.

Yesterday’s Tweet

Industrials lead U.S. equities. Breakouts include $BA, $DAL,
$GD, $IR and $UPS. Seasonals: positive to May 2. See
http://charts.equityclock.com/industrials-sector-seasonal-chart

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:

In Hindsight

By Adrienne Toghraie, Trader’s Success
Coach

www.TradingOnTarget.com

How many things in hindsight would you have not done had you
known the outcome? For traders, that can be a daily
occurrence. The fact is that you were right in not taking
many trades based upon the information you had at the time.
Let us look at the type of trading day where you should not
have traded or the types of trades that you should not have
taken.

Personal Issues

· You just had a fight with someone and you are out of sorts

· You are physically sick or mentally tired

· You have an issue that is disrupting your focus

· The environment in which you are working is distracting

· You are making a major change in your life (good or bad)

· You need to prove to yourself how smart you are

Trading Issues

· You took a trade that did not fit good risk parameters

· You traded based on someone else’s advice that you did not
think out for yourself

· You took a trade during breaking news where you knew it
could affect the market you were trading

· A trade that was against your rules

What would be the results if you only traded when your
personal issues were in check and you only traded your
rules?

Valerie the list maker

People in Valerie’s life would laugh about how she had a list
for everything. She was laughing in her penthouse apartment
in the middle of Manhattan when she became a trader. At the
end of every trading day Valerie would go over each trade and
make a list of what she would have done had she known the
outcome. As part of that list she did an analysis of herself
and the individual trades, and if they were in alignment with
her trading plan. By the fifth year of trading, Valerie was a
multimillion-dollar trader.

Your checklist

· How did I feel mentally and physically today?

· Was there anything that disrupted my focus today?

· Did I break any of my rules?

· What lessons did I learn?

Enjoy the process of becoming your best trading self.

ADRIENNE TOGHRAIE, a Trader’s Success Coach, is an
internationally recognized authority in the field of human
development for the financial community. Her 13 books on the
psychology of trading including, The Winning Edge1-4,
Traders’ Secrets, and Trading on Target have been
highly praised by financial magazines. Adrienne’s public
seminars and private coaching have achieved a wide level of
recognition and popularity, as well as her television
appearances and keynote addresses at major industry
conferences.

Adrienne’s Free Webinars

Adrienne presents free webinars on the psychology of trading

Email Adrienne@TradingOnTarget.com

Visit www.TradingOnTarget.com

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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individual equity securities held personally or in the
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Horizons Seasonal Rotation ETF HAC April
23^rd 2014