Vialoux's Technical Talk - September 3, 2014

byDon Vialoux, EquityClock.com

September 3, 2014

2 minute read

by Don Vialoux, Timing the Market

Interesting Chart

Strength in the U.S. Dollar dominated equity and commodity trading activity yesterday.

Most notable impact was on commodity prices.

Commodity sensitive stocks were notably weaker. The TSX Metal and Mining Index completed a modified Head & Shoulders pattern.

‘Tis the season for weakness in the Metals & Mining sector!

Horizons/Tech Talk Weekly Sector Technical Report

Following is a link:

http://www.horizonsetfs.com/campaigns/TechnicalReport/index.html

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

FP Trading Desk Headline

FP Trading Desk headline reads, “Investors should prepare for greater turbulence”. Following is a link:

http://business.financialpost.com/2014/08/28/investors-should-prepare-for-greater-turbulence/

Monitored Technical/Seasonal Trade Ideas

Clearly, weakness in our basket of gold equities yesterday triggered by strength in the U.S. Dollar was unexpected and disappointed. However, significant technical damage by the sector was not recorded (at least not yet). Accordingly, they remain on the Monitored list.

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

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 September 2^nd 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.