Vialoux's Technical Talk

byDon Vialoux, EquityClock.com

August 27, 2014

2 minute read

by Don Vialoux, Timing the Market
Interesting Charts

The Dow Jones Industrial Average briefly touched an all-time high on a move above 17,151.56.

Higher “gassy” stocks are having a positive impact on oil and gas stocks on both sides of the border.

Chinese equities and related ETFs continue to show technical signs of rolling over.

StockTwits Released Yesterday

“Gassy” stocks like $QEP break to new highs. ‘Tis the season for natural gas and “gassy” stocks!

More “gassy” stocks break resistance; $APC and $ECA.CA. ‘Tis the season!

Technicals by S&P 500 stocks to 11:00 are quiet. 5 stocks broke resistance: $MRO, $QEP, $HIG, $UNM, $STX.

Technical Action by Individual Equities

By the close, eight S&P 500 stocks had broken resistance and one had broken support (MSI).

No TSX 60 stocks broke support or resistance.

Monitored Technical/Seasonal Trade Ideas

A security must have a Technical Score of 1.5 – 3.0 to be on this list.

Green: Increased Technical Score

Red: Reduced Technical Score

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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:

DVN Relative to the S&P 500

DVN Relative to the 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 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 August 26^th 2014

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.