by Don Vialoux, EquityClock.com
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Technical Notes for Wednesday March 10th
Materials SPDRs (XLB) moved above $77.77 to an all-time high extending an intermediate uptrend.
U.S. Midcap iShares (XMC) moved above $24.92 to an all-time high extending an intermediate uptrend.
S&P Homebuilders ETF (XHB) moved above $65.49 to an all-time high extending an intermediate uptrend.
Italy iShares (EWI) moved above $31.15 to an all-time high extending an intermediate uptrend.
Germany iShares (EWG) moved above $33.07 extending an intermediate uptrend.
Intel (INTC), an S&P 100 stock moved above $63.56 and $63.82 extending an intermediate uptrend.
Boeing (BA), a Dow Jones Industrial Average stock moved above $244.08 extending an intermediate uptrend.
Keurig Dr. Pepper (KDP), a NASDAQ 100 stock moved above $33.69 to an all-time high extending an intermediate uptrend.
Canadian energy stocks continue moving higher. Vermillion (VET) moved above $10.02 extending an intermediate uptrend. ARC Resources (ARX) moved above $8.37 extending an intermediate uptrend.
Fortis (FTS), a TSX 60 stock moved above intermediate resistance at $52.28.
Saputo (SAP), a TSX 60 stock moved above $37.92 extending an intermediate uptrend.
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Traderâs Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 10th 2021
Green: Increase from previous day
Red: Decrease from previous day
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Commodities
Daily Seasonal/Technical Commodities Trends for March 10th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 10th 2021
1 Green: Increase from previous day
Red: Decrease from previous day
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Changes in Seasonality Ratings
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Market Buzz
Greg Schnell gives âThe story of 30 stocks: discussion on the 30 Dow Jones Industrial Average stocksâ. Following is a link:
https://www.youtube.com/watch?v=ULLqXN5WIXM
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S&P 500 Momentum Barometer
The intermediate Barometer added another 4.21 to 71.94 yesterday. It remains Overbought.
The long term Barometer added 0.20 to 84.57 yesterday. It remains Extremely Overbought.
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TSX Momentum Barometer
The intermediate Barometer added 1.42 to 70.62 yesterday. It remains Overbought.
The long term Barometer added 1.42 to 77.25 yesterday. It remains Overbought.
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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.