by Don Vialoux, EquityClock.com
Technical Notes for May 13th on
StockTwits.com@EquityClock
Consumer prices are surging this year, warranting the need for inflation hedges in portfolios. equityclock.com/2021/05/12/… $STUDY $MACRO #CPI #Inflation $TIP
Workday $WDAY a NASDAQ 100 stock moved below $222.53 completing a double top pattern
Gilead Sciences $GILD a NASDAQ 100 stock moved above $68.58 extending an intermediate uptrend
George Weston $WN.CA, a TSX 60 stock moved above $116.00 extending an intermediate uptrend. Also testing its all time high at $116.67.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for May 13th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for May 13th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for May 13th 2021
Green: Increase from previous day
Red: Decrease from previous day
All seasonality ratings are based on performance relative to the S&P 500 Index
S&P 500 Momentum Barometer
The intermediate term Barometer added 5.41 to 70.94 yesterday. It remains Overbought.
The long term Barometer added 0.80 to 89.98 yesterday. It remains Extremely Overbought.
TSX Momentum Barometer
The intermediate Barometer added 0.50 to 62.00 yesterday. It remains Overbought.
The long term Barometer slipped 0.50 to 74.00 yesterday. It remains Overbought.
Disclaimer: Seasonality and technical ratings offered in this report and at
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
This post was originally publised at Vialoux's Tech Talk.
