by Don Vialoux, Timing the Market
StockTwits released yesterday
Quiet technical action by S&P stocks this morning. $WYN, $IVZ, $PSA broke resistance. $JWN and M broke support.
Breakout by $BXP above $122 to an all-time high is helping $IYR.
$URA is a leading sector today following a $1.25 per lb. increase in the spot uranium price.
Technical Action by Individual Equities Yesterday
By the close, five S&P 500 stocks had broken resistance and two stocks had broken support.
No TSX 60 stocks broke resistance or support.
Monitored Technical/Seasonal Trade Ideas
A security must have a Technical Score of 1.5 – 3.0 to be on this list.
Green: Improved Technical Score
Red: Reduced Technical Score
XLY was deleted when technical score dropped to 1.0. Trade realized a 0.13% profit.
$CEX was deleted when technical score dropped to 1.0. Trade realized a loss of 1.9%
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^NBI Relative to the S&P 500 |
Disclaimer: Comments, charts and opinions offered in this report by www.timingthemarket.ca and 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. Don and Jon Vialoux are Research Analysts with Horizons ETFs Management (Canada) Inc. All of the views expressed herein are the personal views of the authors and are not necessarily the views of Horizons ETFs Management (Canada) Inc., although any of the recommendations found herein may be reflected in positions or transactions in the various client portfolios managed by Horizons ETFs Management (Canada) Inc.
Individual equities mentioned in StockTwits are not held personally or in HAC.
Horizons Seasonal Rotation ETF HAC August 13th 2014
Copyright © Don Vialoux, Jon Vialoux, Brooke Thackray