Tech Talk for Tuesday January 12th 2016

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.

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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

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Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for January 11th 2016

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Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Sector Trends for January 11th 2016

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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.

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The Russian ETF with its sensitivity to crude oil prices also moved significantly lower.

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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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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 © DV Tech Talk, Timingthemarket.ca

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