Don Vialoux on Michael Campbell’s Money Talks Mr. Vialoux is a guest on the radio show tomorrow at approximately 9:00 AM Pacific Standard Time (Noon Eastern Time) on CKNW. Following is a link: https://globalnews.ca/radio/cknw/?gref=cknw Observations Yield on 10 year Treasuries briefly touched a 3.5 year high at 2.62%.. U.S. Treasury prices extended their downside move after completing a Head & Shoulders pattern last week on a move below $105.00. Sugar ETf moved below $26.50 reaching a 28 month low. StockTwits Released Yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Quietly mixed. Breakouts: $KLAC $VZ. Breakdowns: $SYMC $FMC Editor’s Note: After 10:00 AM EST, breakouts included CBS, TRV and VRSK. Breakdowns included NRG, GE and FE. Verizon $VZ, a Dow Jones Industrial stock moved above $53.09 to an all-time high extending an intermediate uptrend. General Electric $GE, a Dow Jones Industrial stock moved below $17.24 extending an intermediate downtrend. TMX Group $X.CA moved above $73.54 extending an intermediate uptrend. Constellation Software, $CSU.CA, a TSX 60 stock moved above $791.00 to an all-time high extending an intermediate uptrend. Travelers $TRV, a Dow Jones Industrial stock moved above $137.29 to an all-time high extending an intermediate uptrend. Tourmaline Oil $TOU.CA moved below $20.44 extending an intermediate downtrend. #Gasoline days of supply jumping above average to start the year as production remains elevated. $UGA $RB_F $USO $CL_F #Manufacturing conditions remain strong coming into 2018 with Philly Fed Index posting +19.4 (NSA) for January. #Economy $MACRO #Housing starts plunge in December, falling 18.1% (NSA), well below 14.5% average decline. #Economy $MACRO $ITB $XHB Cold winter weather providing a boost to industrial production. equityclock.com/2018/01/17/… $STUDY #Manufacturing Trader’s Corner Daily Seasonal/Technical Equity Trends for January 18th 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for January 18th 2018 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for January 18th 2018 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer slipped 0.20 to 80.20 yesterday. It remains intermediate overbought. TSX Momentum Barometer The Barometer slipped 2.89 to 57.02 yesterday. It remains intermediate overbought. 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