Tech Talk Financial Network
0
All posts from Tech Talk Financial Network
Tech Talk Financial Network in Timing the market,

Tech Talk for Tuesday May 3rd 2016

 

Special EquityClock report on “Sell in May and Go Away or Stay and Play

Following is a link:

http://www.equityclock.com/2016/05/01/sell-in-may-and-go-away-or-stay-and-play/

 

StockTwits Released Yesterday @EquityClock

The S&P 500 Index has gained an average of 0.2% in May, positive in 28 of the past 50 periods.

Technical action by S&P 500 stocks to 10:00: Quietly bearish. Breakout: $SYY. Breakdowns: $BEN, $LM, $VRSN

Editor’s Note: After 10:00 AM EDT, technical action remained quiet. Breakouts: PPL and VNO. Breakdown: AAP.

 

Trader’s Corner

Note changes in Seasonality ratings

Daily Seasonal/Technical Equity Trends for May 2nd 2016

Green: Increase from previous day

Red: Decrease from previous day

 

Daily Seasonal/Technical Commodities Trends for May 2nd 2016

Green: Increase from previous day

Red: Decrease from previous day

 

Daily Seasonal/Technical Sector Trends for March April 29th 2016

Green: Increase from previous day

Red: Decrease from previous day

 

S&P 500 Momentum Barometer

The Barometer recovered yesterday, up 6.40 to 74.40. The Barometer remains in an intermediate downtrend.

 

TSX Composite Momentum Barometer

The Barometer continued to drift lower, down 2.58 to 75.54. The Barometer remains intermediate overbought and rolling over.

 

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 are examples (Note that all reach a seasonal peak at the end of April/beginning of May):

 

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