by Don Vialoux, EquityClock.com
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Technical Notes released yesterday at StockTwits.com@EquityClock
Hot demand and limited supply continues to drive prices of homes strongly higher, but this is acting as a burden on broader economic activity. equityclock.com/2021/05/25/⌠$STUDY $MACRO $ITB $XHB $TOL $DHI $LEN #Housing
Hong Kong iShares $EWH moved above $27.90 to an all-time high extending an intermediate uptrend.
India ETF $PIN moved above $25.36 to an all-time high extending an intermediate uptrend.
US Real Estate iShares $IYR moved above $99.75 to an all-time high extending an intermediate uptrend.
Blackrock $BLK an S&P 100 stock moved above $880.80 to an all-time high extending an intermediate uptrend.
Ford $F an S&P 100 stock moved above $13.62 extending an intermediate uptrend.
American Tower $AMT an S&P 100 stock moved above $255.28 extending an intermediate uptrend
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Traderâs Corner
Equity Indices and Related ETFs
Green: Increase from previous day
Red: Decrease from previous day
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Commodities
Daily Seasonal/Technical Commodities Trends for May 26th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for May 26th 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
Market Buzz
Greg Schnell focuses on âDicey Rolls or Wieldy Diceâ. Following is a link:
https://www.youtube.com/watch?v=saiBppC-Mz8
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S&P 500 Momentum Barometers
The intermediate Barometer added 1.80 to 74.35 yesterday. It remains Overbought.
The long term Barometer was unchanged at 91.38 yesterday. It remains Extremely Overbought.
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TSX Momentum Barometers
The intermediate Barometer added 3.28 to 67.13 yesterday. It remains Overbought.
The long term Barometer added 0.77 to 78.70 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.