Observations More news pointing to a slowdown by the U.S. economy! Consensus for August ISM Services was a slip to 54.7 from 55.5 in July. Actual was 51.4, lowest level since February, 2010. Weaker than expected August ISM Services triggered strength in Treasury prices, weakness in the U.S. Dollar Index, strength in international equity markets, strength in crude oil prices and strength in precious metals prices/precious metal stocks. StockTwits Released Yesterday @EquityClock Seasonality report showing August Non-farm Payrolls Technical action by S&P 500 stocks to 10:00: Quietly mixed. Breakouts: $EOG, $SE, $ALK, $FIS. Breakdowns: $MNST, $HES Editor’s Note: After 10:00 AM EDT, breakouts included AES, FB and WMB. Breakdowns included PHM, TRIP, CNC and LOW. Coal ETF $KOL moved above $$11.00 extending an intermediate uptrend. South Korea ETF $EWY moved above $58.08 extending intermediate uptrend Eurozone iShares $EZU moved above $35.04 completing a double bottom pattern extending intermediate uptrend. Emerging Markets ETF $EEM moved above $37.98 extending an intermediate uptrend. The Russian ETF $RSX moved above $18.99 extending intermediate uptrend. Editor’s Note: Other international markets breaking to new highs included Brazil and Japan. Enbridge $ENB.CA moved above $55.36 Cdn. extending intermediate uptrend. CSTA Events Kitchener Waterloo Guelph Cambridge (KWGC) Meeting Date and Time: September 8th 7:30 PM EDT Location: 4355 King St.E Kitchener Register at www.CSTA.org Oakville Meeting Date and Time: September 14th 7:00 PM EDT Location: QEPCCC Program Room 3 Speaker: Jason Ayres Register at www.CSTA.org National Conference October 15th Locations: Vancouver, Calgary, Winnipeg, Toronto Save by registering prior to September 15th Register at www.CSTA.org Mr. Vialoux presenting at the Toronto MoneyShow Presentation is held from 2:45 to 3:30 PM EDT on Saturday September 17th .Topic is “Sell in May and Go Away???” On the surface, headline for the presentation sounds like a recommendation to sell equities. On the contrary, the presentation will explain why “Sell in May and go away” no longer is accurate and, indeed, provides a watchful buying opportunity during the historically volatile mid-June to mid-October period. Attendance at the show is free. See you at the show! Trader’s Corner Daily Seasonal/Technical Equity Trends for September 6th 2016 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for September 6th 2016 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Sector Trends for September 6th 2016 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: S&P 500 Momentum Barometer The Barometer added 0.40 to 61.40. It remains intermediate overbought and trending down. TSX Momentum Barometer The Barometer gained 4.29 to 66.52 yesterday. It remains intermediate overbought 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