Tech Talk for Thursday February 3rd 2022

Technical Notes released yesterday at

StockTwits.com@EquityClock

"Gassy" stocks and related ETFs are responding to rising natural gas prices. First Trust Natural Gas ETF $FCG moved above $20.32 extending an intermediate uptrend.

Alphabet $GOOGL a NASDAQ 100 stock moved above $3,019.33 to an all-time high extending an intermediate uptrend.

Philip Morris $PM an S&P 100 stock moved above $103.80 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable to mid-April. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/philip-morris-intl-inc-nysepm-seasonal-chart

General Dynamics $GD an S&P 100 stock moved above $213.62 extending an intermediate uptrend.

Raytheon Technologies $RTX an S&P 100 stock moved above $92.48 to an all-time high extending an intermediate uptrend.

Cenovus $CVE.CA a TSX 60 stock moved above $19.23 extending an intermediate uptrend.

Toronto Dominion Bank $TD.CA a TSX 60 stock moved above $104.17 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until late March. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/toronto-dominion-bank-tsetd-seasonal-chart

SunLife Financial $SLF.CA a TSX 60 stock moved above $72.85 to an all-time high extending an intermediate uptrend.

Telus $T.CA a TSX 60 stock moved above $30.06 to an all-time high extending an intermediate uptrend.

Manulife $MFC.CA a TSX 60 stock moved above $26.70 to an all-time high extending an intermediate uptrend.

Couche Tard $ATD.CA a TSX 60 stock moved above $53.97 to an all-time high extending an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for Feb.2^nd 2022

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for Feb.2^nd 2022

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for Feb.2^nd 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 (except TSX)

Links offered by valued providers

Thank you to Mark Bunting and www.uncommonsenseinvestor.com for the following links:
Attractive Entry Points with Sell-Off Overdone – Uncommon Sense Investor

Don’t Be Tempted By Fallen Growth Stocks. Here’s Why. – Uncommon Sense Investor

Recent Volatility is "Mostly Short-Term Noise" – Uncommon Sense Investor

Greg Schnell discusses “The markets after the storm” and “Sold off stocks with upside potential”

The Markets After The Storm | Greg Schnell, CMT | Market Buzz (02.02.22) – YouTube

Sold Off Stocks With Upside Potential | Greg Schnell, CMT | Your Daily Five (02.02.22) – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added another 5.11 to 47.99 yesterday. It remains Neutral. Trend is up

The long term Barometer added another 3.93 to 58.63 yesterday. It remains Neutral. Trend is up.

TSX Momentum Barometers

The intermediate term Barometer added another 3.29 to 55.51 yesterday. It remains Neutral. Trend is up.

The long term Barometer added another 1.53 to 54.63 yesterday. It remains Neutral. Trend is up.

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