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Tech Talk Financial Network in Timing the market,

Tech Talk for Wednesday October 21st 2015

 

Interesting Chart

Apple has a history of moving higher between now and at least Black Friday.

The stock finally appears to be moving out of recent doldrums. Nice move yesterday above its 20 and 50 day moving average1 A move above $116.89 will establish an intermediate uptrend.

 

StockTwits released yesterday

By this point in Q3 earnings season, investors will often pull the rug from beneath stocks.

Editor’s Note: U.S. equity market tends to struggle during the next week. See enclosed study:

http://www.equityclock.com/2015/10/20/stock-market-outlook-for-october-20-2015/

Technical action by S&P 500 stocks to 10:00 AM: Quiet. Breakouts: $AIV, $BK, $AAL. Breakdowns: $HOG, $IBM

Editor’s Note: After 10:00 AM EDT, another 8 stocks broke resistance: GPC, VFC, MNST, PLD, PCG, AEP, AMAT, ALLE. One stock broke support: LLY.

Home builder stocks and related ETFs $XHB, $ITB responding to better than expected September Housing Start report.

‘Tis the season for strength in Home Building stocks!

Nice breakout by $AMAT above $16.31 to complete a base building pattern. Another stock that is moving in the Tech sector.

‘Tis the season for strength in $AMAT until mid-February.

 

Trader’s Corner

Daily Seasonal/Technical Equity Trends for October 20th 2015

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for October 20th 2015

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Sector Trends for October 20th 2015

Green: Increase from previous day

Red: Decrease from previous day

Special Free Services available through www.equityclock.com

Equityclock.com is offering free access to a data base showing seasonal studies on individual stocks and sectors. The data base holds seasonality studies on over 1000 big and moderate cap securities and indices. To login, simply go to http://www.equityclock.com/charts/

Following is an example:

 

Disclaimer: Seasonality and technical ratings 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.