by Don Vialoux, Timingthemarket.ca
StockTwits Released Yesterday @equityclock
Despite a below average gain in payrolls in December the BLS adjusted headline print to above average change.
Technical action by S&P 500 stocks to 10:00: Quietly bearish. Breakout: $ED. Breakdowns: $MCK, $NVDA, $HSIC, $UNH, $ALXN, $EFX, $LVLT
Editor’s Note: Technical deterioration by individual S&P 500 equities accelerated after 10:00 AM. Additional technical breaks below support were recorded by ABBV, AMGN, BAX, BIIB, CA, CCE, CELG, DAL, EL, GWW, HON, MKC, MON, NEM, NSC, PCAR, PRU, SNDK, TGT, X, XOM and ZTS.
Trader’s Corner
Daily Seasonal/Technical Equity Trends for January 11th 2016
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Commodities Trends for January 11th 2016
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Sector Trends for January 11th 2016
Green: Increase from previous day
Red: Decrease from previous day
Interesting Charts
Energy stocks on both sides of the border weighed heavily on Canadian and U.S. equity markets yesterday.
The Russian ETF with its sensitivity to crude oil prices also moved significantly lower.
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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.
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