Observations Russell 2000 Index reaches an all-time high. Energy stocks on both sides of the border, led by oil service stocks were the strongest sector. A move by WTI Crude Oil above $52.00 per barrel also helped the sector. S&P Technology Index led the U.S. equity market on the downside, breaking both its 20 and 50 day moving averages. OOOPS! Danger! Danger! Danger! StockTwits Released Yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Bullish. Breakouts: $GPC, $MRO $NFX $SLB $HPE $TWX. Breakdowns: $LY $MDT $EA Editor’s Note: After 10:00 AM EDT, breakouts included GT, CMG, HD, AMG and JCI. Breakdowns included FB, YUM, ADSK, AMZN and ADBE Energy stocks and ETF dominated breakouts: $MRO $NFX $SLB $XOP Commerce Bank $CM.CA moved above $109.60 completing a double bottom pattern. ‘Tis the season for Commerce Bank $CM.CA to move higher into December! Facebook $FB moved below $165.00 completing a double top pattern. Intact Financial $IFC.CA moved above $102.37 to an all-time high extending an intermediate uptrend. Another Canadian “gassy” stock $ARX.CA breaks to a new high on a move above $18.09. Amazon $AMZN moved below $936.33 completing a Head & Shoulders pattern. Power Financial $PWF.CA moved above $34.63 extending an intermediate uptrend. Power Corp $POW.CA, a TSX 60 stock moved above $30.95 extending an intermediate uptrend. Canadian gold stocks respond to higher gold prices. Nice breakout by $BTO.CA. Home Depot $HD, a Dow Jones Industrial stock moved above $161.38 to all-time high extending an intermediate uptrend. Another milestone! EquityClock releases its 7,000th investment idea on StockTwits. $SPX $TSX.CA Trader’s Corner Daily Seasonal/Technical Equity Trends for September 25th 2017 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for September 25th 2017 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for September 25th 2017 Green: Increase from previous day Red: Decrease from previous day Keith Richards’ Blog Robert Shiller shows us why the market may be ready to crash: http://www.valuetrend.ca/shillers-top-spotter-goes-bearish/ S&P Momentum Barometer TSX Momentum Barometer Disclaimer: Seasonality and technical ratings offered in this report 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