StockTwits released yesterday @EquityClock Canadian food distributor stocks $MRU.CA $L.CA $EMP.A.CA are soaring this morning. Metro moved above $58.69 to an all-time high extending an intermediate uptrend. Loblaw Companies moved above $72.88 and is testing its all-time high. Vertex Pharma $VRTX, a NASDAQ 100 stock moved above $249.85 to an all-time high extending an intermediate uptrend. Observations Yesterday was a “risk on” day for North American equity markets. Lots of “green shoots”! Notable stronger was the technology sector (including short term breakouts by CSCO, PYPL, MU, V, MSFT and TXN). Trader’s Corner Note breakouts above 20 day moving averages Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for April 6th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Seasonal/Technical Commodities Trends for April 6th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for April 6th 2020 Green: Increase from previous day Red: Decrease from previous day Technical Scoop Thank you to David Chapman and www.EnrichedInvesting.com for a link to the weekly report. Headline reads, “Stunned jobs, shutdown forecast, bear anatomy, feeble gold, Dollar rise, euro question, oil move, April hope”. Following is the link: http://enrichedinvesting.com/wp-content/uploads/2020/04/Stunned-jobs-shutdown-forecast-bear-anatomy-feeble-gold-Dollar-rise-euro-question-oil-move-April-hope.pdf S&P 500 Momentum Barometer We have “lift off”. The Barometer jumped 7.04 to 12.07 yesterday. It remains deeply intermediate oversold and has started to recover from a bottoming pattern. TSX Momentum Barometer Ditto for the TSX Barometer! It gained 4.78 to 10.87 yesterday. It remains deeply intermediate oversold and has started to recover from a bottoming pattern. 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