Tech Talk for Tuesday March 8th 2016

by Don Vialoux, Timingthemarket.ca

 

StockTwits Released Yesterday @EquityClock

S&P 500 Equally Weighted Index outperforming the market suggesting improving breadth

Technical action by S&P 500 stocks to 10:15 AM: Quiet. No S&P 500 stocks broke intermediate support or resistance.

Editor’s Note: After 10:15 AM, 4 S&P 500 stocks broke intermediate resistance: $FFIV, $EOG, $WDC and $NWSA. None broke support.

Nice breakout by Imperial Oil $IMO.CA above resistance at $44.35 to complete a base building pattern!

clip_image001

Nice breakout by Shaw Communications $SJR above resistance at US $18.07 to complete a base building pattern!

clip_image002

Momentum stocks lagging this market as breadth improves. $MTUB $FB $AMZN $GOOG $GOOGL

 

Trader’s Corner

Daily Seasonal/Technical Equity Trends for March 7th 2016

clip_image004

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for March 7th 2016

clip_image006

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Sector Trends for March 4th 2016

clip_image008

Green: Increase from previous day

Red: Decrease from previous day

 

Interesting Charts

Rising commodity prices and related ETFs (e.g. DBC, GSG) are leading equity markets on the upside

clip_image009

Gasoline and crude oil prices led the commodity sector yesterday. ‘Tis the season for strength!

clip_image010

 

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:

clip_image012

 

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

Total
0
Shares
Previous Article

Tuning Out the White Noise in High Yield

Next Article

Seven Years Ago

Related Posts
Subscribe to AdvisorAnalyst.com notifications
Watch. Listen. Read. Raise your average.