Tech Talk for Wednesday February 9th 2022

Technical Notes released yesterday at

StockTwits.com@EquityClock

Extremes, such as this, can typically take weeks to unwind. equityclock.com/2022/02/07/… $STUDY $SPX

South Africa iShares $EZA moved above $51.07 extending an intermediate uptrend.Seasonal influences are favourable to the end of April. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/ishares-msci-south-africa-etf-nyseeza-seasonal-chart

US Insurance iShares $IAK moved above $88.17 to an all-time high extending an intermediate uptrend.

Agriculture Products ETF $COW.CA moved above Cdn$65.00 to an all-time high extending an intermediate uptrend. Responding to higher grain prices.

Allstate $ALL an S&P 100 stock moved above $127.23 extending an intermediate uptrend. Seasonal influences are strongly favourable to early May. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/the-allstate-corporation-nyseall-seasonal-chart

Morgan Stanley $MS an S&P 100 stock moved above $105.73 extending an intermediate uptrend.

Booking Holdings $BKNG a NASDAQ 100 stock moved above $2,518.25 extending an intermediate uptrend. Seasonal influences are favourable to the end of May. If a subscriber to EquityClock, see: https://charts.equityclock.com/booking-holdings-inc-nasdbkng-seasonal-chart

Amgen $AMGN a NASDAQ 100 stock moved above $235.80 extending an intermediate uptrend.

Consolidated Energy $CEIX a NASDAQ 100 stock moved above intermediate resistance at $26.99

American International Group $AIG an S&P 100 stock moved above $62.25 extending an intermediate uptrend.

T-Mobile $TMUS a NASDAQ 100 stock moved above intermediate resistance at $122.56

Canadian Imperial Bank of Commerce $CM.CA a TSX 60 stock moved above Cdn$166.54 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until at least the end of March and frequently into early May. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/canadian-imperial-bank-of-commerce-tsecm-seasonal-chart

Another Canadian bank stock breakout! Bank of Montreal $BMO.CA moved above $148.96 to an all-time high extending an intermediate uptrend.

Teck Corp $TCK.B.CA a TSX 60 stock moved above Cdn$37.87 extending an intermediate uptrend. Seasonal influences are favourable until May. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/teck-resources-tseteckb-seasonal-chart

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for Feb.8^th 2022

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for Feb.8^th 2022

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for Feb.7^th 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)

S&P 500 Momentum Barometers

The intermediate Barometer added 3.01 to 45.18 yesterday. It remains Neutral.

The long term Barometer gained 3.82 to 55.02 yesterday. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer added 6.61 to 57.71 yesterday. It remains Neutral.

The long term Barometer gained 3.96 to 55.07 yesterday. It remains Neutral.

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