by Don Vialoux, Timingthemarket.ca
Following is a link:
http://www.equityclock.com/2016/05/01/sell-in-may-and-go-away-or-stay-and-play/
StockTwits Released Yesterday @EquityClock
The S&P 500 Index has gained an average of 0.2% in May, positive in 28 of the past 50 periods.
Technical action by S&P 500 stocks to 10:00: Quietly bearish. Breakout: $SYY. Breakdowns: $BEN, $LM, $VRSN
Editor’s Note: After 10:00 AM EDT, technical action remained quiet. Breakouts: PPL and VNO. Breakdown: AAP.
Trader’s Corner
Note changes in Seasonality ratings
Daily Seasonal/Technical Equity Trends for May 2nd 2016
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Commodities Trends for May 2nd 2016
Green: Increase from previous day
Red: Decrease from previous day
Daily Seasonal/Technical Sector Trends for March April 29th 2016
Green: Increase from previous day
Red: Decrease from previous day
S&P 500 Momentum Barometer
The Barometer recovered yesterday, up 6.40 to 74.40. The Barometer remains in an intermediate downtrend.
TSX Composite Momentum Barometer
The Barometer continued to drift lower, down 2.58 to 75.54. The Barometer remains intermediate overbought and rolling over.
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 are examples (Note that all reach a seasonal peak at the end of April/beginning of May):
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
