Technical Notes for Wednesday October 14th Exelon (EXC), an S&P 100 stock moved above $41.54 resuming an intermediate uptrend. Pepsico (PEP), a NASDAQ 100 stock moved above $144.04 to an all-time high extending an intermediate uptrend. Baidu (BIDU), a NASDAQ 100 stock moved above $135.44 extending an intermediate uptrend. Shaw Communications (SJR), a TSX 60 stock moved below US$17.60 extending an intermediate downtrend. With the exception of Goldman Sachs that released “blow out” third quarter results, equities of most major reporting companies moved lower yesterday after releasing third quarter results. Trader’s Corner Daily Seasonal/Technical Equity Trends for October 14th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for October 14th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for October 14th 2020 Green: Increase from previous day Red: Decrease from previous day Market Buzz Greg Schnell notes “Software: New Names Perk Up” Following is a link: S&P 500 Momentum Barometer The Barometer dropped 2.81 to 70.28 yesterday. It remains intermediate overbought and showing early signs of rolling over. TSX Momentum Barometer The Barometer dropped another 4.23 to 54.46 yesterday. It remains intermediate neutral and showing early signs of rolling over. 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