Observations Precious metal prices and related equities finally are catching a seasonal bid. Better late than never! BMO Equal Weight Bank ETF touched above $30.46 to an all-time high extending an intermediate uptrend. ‘Tis the season for strength in the sector until the end of November! StockTwits Released Yesterday @EquityClock Lithium ETN $LIT moved above $32.65 completing a double bottom pattern.. Teck Resources $TECK $TECK.B.CA moved above $24.60 U.S. and $31.75 Cdn. completing a double bottom pattern. Tech action to 10:15: Bullish. Breakouts: $DO $MUR $MET $CMI $AAL $JNPR $WRK $NFX $RIG $PRU $USB $AOS $FMC. Breakdowns: $CPRT $FDX Editor’s Note: After 10:15 AM EDT, breakouts included JPM, NBL and CBOE. Breakdowns included NEE HFC and ES Steel ETF $SLX moved above $45.50 setting an intermediate uptrend. CCL Industries $CCL.B.CA, a TSX 60 stock moved below $61.89 setting an intermediate downtrend. Canadian lumber stocks drop after CIBC lowered ratings on the sector. $CFP.CA $WFT.CA $IFP.CA. Silver stocks finally show signs of technical bottoms! Nice double bottom by $HL. $SIL $WPM also gained “Gassy” stocks and ETFs are responding to higher natural gas prices on both sides of the border. $VET.CA $APA $FCG Barrick Gold $ABX $ABX.CA, a TSX 60 stock moved above $10.77 U.S. and $13.93 Cdn. completing a double bottom pattern. Semafo $SMF.CA, another gold producer completed a base building pattern on a moved above $3.28. Financial SPDRs $XLF moved above $28.72 extending an intermediate uptrend. Utilities SPDRs $XLU moved below $53.13 completing a double top pattern. Editor’s Note: The interest sensitive U.S. REITs ETF also broke support just after finishing its period of seasonal strength Insurance and airlines ETFs breaking out today – both top picks of ours. bnnbloomberg.ca/jon-vialoux… $IAK $JETS #SeasonalInvestingDoneRight US #Housing Starts bounce back in August, rising 2.3% (NSA), a positive divergence compared to -4.6% average. $MACRO #Economy $ITB $XHB Trader’s Corner Daily Seasonal/Technical Equity Trends for September 19th 2018 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for September 19th 2018 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for September 19th 2018 Green: Increase from previous day Red: Decrease from previous day Schachter Energy Report September edition of this pay-per-view service has just been released. Josef says: Natural gas is extremely cheap and with low storage in the U.S. and Canada, the upcoming winter should drive prices up sharply as they have done in the past. A doubling of NYMEX and AECO this winter per MCF is likely. Crude oil is now in oversupply and should decline below U.S. $60/lb. before winter. Following is a link to his service: https://www.schachterenergyreport.ca/ Editor’s Note: Agreed on the natural gas call. S&P 500 Momentum Barometer The Barometer was up 0.60 to 68.20 yesterday. It remains intermediate overbought and shows signs of rolling over. TSX Momentum Barometer The Barometer added 0.67 to 39.75 yesterday. It remains intermediate oversold, but continues to trend down. 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