Tech Talk for Tuesday December 22nd 2015

by Don Vialoux, Timingthemarket.ca

 

GlobeInvestor Column Released Yesterday

Headline reads, “How to invest in the U.S. during election year”. Authors are Don and Jon Vialoux. Following is a link:

http://www.theglobeandmail.com/globe-investor/funds-and-etfs/etfs/how-to-invest-in-the-us-during-an-election-year/article27893544/

 

Mr. Vialoux on BNN’s Berman’s 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

 

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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Trader’s Corner

Daily Seasonal/Technical Equity Trends for December 21st 2015

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Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for December 21st 2015

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Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Sector Trends for December 21st 2015

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Green: Increase from previous day

Red: Decrease from previous day

 

FP Trading Desk Headline

FP Trading Desk headline reads, “Negative sentiment on bonds and stocks heading into 2016 a bullish sign”? Following is a link:

http://business.financialpost.com/investing/trading-desk/negative-sentiment-on-bonds-and-stocks-heading-into-2016-a-bullish-sign?__lsa=e1dc-58bd

 

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.

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‘Tis the season for bottoming on metals and mining stocks!

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^GSPTTMN Relative to the S&P 500
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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.

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‘Tis the season for strength in Gold, Silver, Platinum and Palladium until the end of February!

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Precious metal equities are starting to respond to higher precious metal stocks.

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Nice breakout by Lumber prices!

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‘Tis the season for strength in lumber prices into at least February!

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Aerospace & Defense stocks continue to perform well following an increase in U.S. Defense spending in 2016 included in the omnibus budget bill.

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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. ‘Tis the season for strength in the sector until the end of February!

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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:

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S5HCEQ Index Relative to the S&P 500
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S5HCEQ Index Relative to the Sector
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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

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