Vialoux's Technical Talk: July 29, 2014

Interesting Charts

The Shanghai Composite Index has “gone parabolic”

Strength in China is having a positive influence on other
markets

Technical Action by Individual
Equities

Technical action by S&P 500 stocks was bearish. Four
S&P 500 stocks broke intermediate resistance and 15 broke
support.

Among TSX 60 stocks, Husky broke support and broke resistance
to reach a three year high.

StockTwits Released Yesterday

(Charts have been updated to yesterday’s close)

$CARZ broke support at $40.35. Downtrend established.
Seasonality is negative

$XLY broke support at $66.67. Intermediate downtrend is set.
Seasonality is negative.

$XLI broke support at $53.41. Downtrend is set. Seasonality is
negative. Added to monitored list

10 S&P 500 stocks broke support and 3 broke resistance. 5
Industrials broke support including $ADT, $CMI, $ITW, $PH,
$XYL. ‘Tis the season!

Updates on Monitored Stocks

The Homebuilder ETF (XHB) moved lower following release of a
lower than consensus June Pending Home Sales report.

The S&P/TSX Gold Index was the leading upside subsector on
the TSX yesterday.

Adrienne Toghraie’s “Trader’s Coach” Column

On Track Towards Your Better Self

By Adrienne Toghraie, Trader’s Success
Coach

www.TradingOnTarget.com

In order to put your trading on the right track, the rest of
your life must support that direction. Here is a success model
for giving you a good foundation for becoming a profitable
trader. All aboard.

Clean out the clutter

Start with the immediate environment of your trading area and
work outwards from there. When you have too much clutter, your
focus will be disrupted from clear thinking. So give it away,
throw it away.

Decide to listen to positive minded people

It is easy to fall into the trap of all of the negative media
on the state of things. While you are getting back on a
positive track, stay away from those people who encourage
negative thinking and therefore negative emotions.

Take a walk or sit quietly where you will not be
disturbed

A clear mind is a mind without stress. When you start out on a
new or improved path, you are more likely to get there when you
have a clear mind.

Ask the creative part of you to come up with ideas and
actions that will take you towards your goal

We have many parts of ourselves that are both negative and
positive. When you focus on the positive side of yourself, you
will discover within you actions that you can take to lead you
in the right direction.

Make a list of all of your resources

It is important to feel good about yourself and your
accomplishments. Every book you have read, every positive
action, every teacher has given you the best of who you are.
List those resources as if someone were challenging your value
in life.

Collaborate with alliances

Positive people who care about you are your strongest resource.
Keep in contact, share ideas, ask questions and ask for
assistance.

Create new alliances

Create a situation to give value to others who you seek out to
know. While you might not benefit directly from those people,
just being in a prosperity mind set will attract goodness
towards you in ways you did not imagine.

Allow others to do good things for you

By allowing others to do good for you, you give them the
opportunity to draw good towards themselves.

Create an optimistic environment

Direct conversation to positive thinking with significant
people in your life as well as all those you come in contact
with. Refuse to participate in negative conversation by
redirecting conversation to positive, optimistic points of
view.

Write an action plan of simple tasks that you can do the
next day

Along with your master plan, you should also have a daily plan
that is drafted the day before. This allows your mind to work
on how to accomplish your actions in the most efficient and
effective way. It also allows you to motivate yourself as if
you are playing a game that you want to win.

Note the tasks that will inevitably present themselves

The momentum you get from completed tasks will lead you to
other tasks. Each new task will bring new resources and that
creates the new and improved you.

Keep your mindset on the goal

Every good book has a main theme, and all of the characters
must have actions that go towards that theme. And so it is true
for anyone who wants to have a continuously growing and
successful life. Know what you want and direct all of your
actions towards that goal.

Conclusion

To be the best trader you can be requires that you become the
best person you can be. Look to improve all areas of your life
and you will reap the rewards in your ability as a trader.

New Free Monthly Newsletter

More Articles by Adrienne Toghraie, Trader’s Success
Coach

Sign Up at – www.TradingOnTarget.com

INVESTMENT COMMENTARY

Tuesday, July 29, 2014

CHARTS of the WEEK

Long Bonds

Nothing new to see in rates – the trend is still down despite
the talk of inflation. Something it seems would have to give,
either analysts’ full year 3% US GDP (though they’ve just now
taken it down) or bonds. The band now is 2.80% to 2.40%.
Outside of either and we have a new environment.

iShares Barclays 20+ Yr Treasury Bond Fund

Some client portfolios hold the US long bond ETF (TLT). The
recent price action has brought in much higher price targets.
Government bonds have a strong seasonal period from late spring
to early winter.

Fortis

Like government bonds utilities are in a strong period. Fortis
which was purchased in late winter recently broke out above
$33.00. Sector rotation may get a boost this year if the first
print of GDP, due out later this week, is sluggish causing
analysts to revise their full year 3.0% lower again.

BCE Inc.

….ditto for BCE, also a core client holding.

Enbridge Inc.

Enbridge, one of our largest holdings is due for a correction.
Any weakness may come more in the form of time (vs. price) and
would be bought by investor’s. The recent break out ushers in a
target in the low $60’s.

CastleMoore’s RMI TSX 10 Portfolio

If you like to receive bi-monthly newsletter or know
more about our model portfolios or access an audio file
of our investment philosophy click on the link http://www.castlemoore.com/investorcentre/signup.php.

CastleMoore Inc. uses a proprietary Risk/Reward Matrix
that places clients with minimum portfolios of $500,000 within
one of 12 discretionary portfolios based on risk tolerance,
investment objectives, income, net worth and investing
experience. For more information on our methodology please
contact us.

This commentary is not to be considered as offering investment
advice on any particular security or market. Please consult a
professional or if you invest on your own do your homework and
get a good plan, before risking any of your hard earned money.
The information provided in CastleMoore Investment Commentary
or News, a publication for clients and friends of CastleMoore
Inc., is intended to provide a broad look at investing wisdom,
and in particular, investment methodologies or techniques. We
avoid recommending specific securities due to the inherent risk
any one security poses to ones’ overall investment success. Our
advice to our clients is based on their risk tolerance,
investment objectives, previous market experience, net worth
and current income. Please contact CastleMoore Inc. if you
require further clarification on this disclaimer.

Monitored Technical/Seasonal Trade
Ideas

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:

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
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
Management (Canada) Inc.

Individual equities mentioned in StockTwits are not
held personally or in HAC.

Horizons Seasonal Rotation ETF HAC July
28^th 2014