StockTwits Released Yesterday @equityclock Technical action by S&P 500 stocks to 10:15 AM: Mixed. Breakouts: $TSO, $HCBK $MAS, $LVLT. Breakdowns: $NOV, $AKAM, $FLIR, $TDC Editor’s Note: A late surge by the S&P 500 Index triggered more breakouts including TWX, PSX, MTB, MRK, MYL, GLW, FIS, HRS, LEG, ADSK, CTSH, CMA, FITB, KEY, PNC, UNM. Technology sector continues to lead U.S. equity markets. Breakouts today included $LVLT, $GLW, $ADSK and $CTSH Financials responded strongly to the FOMC report. Breakouts included $CMA, $FITB, $KEY, $PNC, $UNM Responses to the FOMC report released at 2:00 PM EDT As expected the Fed maintained its Fed Fund rate at 0.0-0.25%. Responses to the report primarily focused on implications that an initial increase in the Fed Fund rate was on the table at the December meeting. Following are responses by key markets: Equity indices initially fell but recovered strongly by end of day Most of the late gains were concentrated in the U.S. bank sector Banks responded to higher Treasury yields The U.S. Dollar Index at its ETF rose sharply on higher Treasury yields The Canadian Dollar fell on U.S. Dollar strength. Gold and its ETF fell on strength in the U.S. Dollar Trader’s Corner Daily Seasonal/Technical Equity Trends for October 28th 2015 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for October 28th 2015 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Sector Trends for October 28th 2015 Green: Increase from previous day Red: Decrease from previous day FP Trading Desk Headline FP Trading Desk headline reads, “Markets shouldn’t be ruling out a Bank of Canada rate cut next year”. Following is a link: http://business.financialpost.com/investing/trading-desk/markets-shouldnt-be-ruling-out-a-bank-of-canada-rate-cut-next-year 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: ^SOX Relative to the S&P 500 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.