by Don Vialoux, Timingthemarket.ca
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GlobeInvestor Column Released Yesterday
Headline reads, âHow to invest in the U.S. during election yearâ. Authors are Don and Jon Vialoux. Following is a link:
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Mr. Vialoux on BNNâs Bermanâs Call Yesterday
Following are links:
Discussion on the Santa Claus rally
http://www.bnn.ca/Video/player.aspx?vid=771980
Discussion on individual equities
http://www.bnn.ca/Video/player.aspx?vid=774327
Discussion on investing during the U.S. Presidential election year
http://www.bnn.ca/Video/player.aspx?vid=774315
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StockTwits released yesterday
Convergence of support at 2000 on S&P 500 Index presents a make or break point in the final week of year.
20, 50 and 200 day moving averages on S&P 500 converge and close within 0.03% of each other, first time ever.
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Traderâs Corner
Daily Seasonal/Technical Equity Trends for December 21st 2015
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Commodities Trends for December 21st 2015
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Sector Trends for December 21st 2015
Green: Increase from previous day
Red: Decrease from previous day
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FP Trading Desk Headline
FP Trading Desk headline reads, âNegative sentiment on bonds and stocks heading into 2016 a bullish signâ? Following is a link:
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Interesting Charts
Base metal prices are bouncing from oversold levels. Nice breakout by copper! Base metal stocks also are showing early signs of bottoming just before the end of tax loss selling season.
âTis the season for bottoming on metals and mining stocks!
Technical scores on precious metals continue to climb. They have been forming base patterns recently and have been outperforming the S&P 500 Index. Weakness in the U.S. Dollar Index during the past three weeks has helped. Breakouts above recent trading ranges will attract technical buying.
âTis the season for strength in Gold, Silver, Platinum and Palladium until the end of February!
Precious metal equities are starting to respond to higher precious metal stocks.
Nice breakout by Lumber prices!
âTis the season for strength in lumber prices into at least February!
Aerospace & Defense stocks continue to perform well following an increase in U.S. Defense spending in 2016 included in the omnibus budget bill.
Medical Device stocks continue to perform well following news that the U.S. omnibus budget bill included a 2 year deferral in a pending special tax imposed in Obamacare. âTis the season for strength in the sector until the end of February!
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Disclaimer: Seasonality and technical ratings 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.
Copyright Š DV Tech Talk, Timingthemarket.ca