Timing the market

Your daily source for reloable market analysis

Send me real-time posts from this site at my email

Tech Talk for Tuesday June 11th 2019

 

Stocktwits released yesterday @equityclock.com

Technical action by S&P 500 stocks to 10:15: Bullish. Intermediate breakouts: $MGM $TROW $LH $TMO $SNPS $TSN $ILMN $EQIX $MCO $AME $RTN. No breadown

Editor’s Note: After 10:00 AM EDT, intermediate breakouts included NSC, JKHY and TFX. No breakdowns.

Healthcare Provider iShares $IHF moved above $170.08 extending an intermediate uptrend.

Medical Devices iShares $IHI moved above $233.99 to an all-time high extending an intermediate uptrend.

U.S. Aerospace & Defense iShares $ITA moved above $213.00 extending an intermediate uptrend.

Hudson’s Bay Company $HBC.CA moved above $8.63 on a $9.45 per share offer to take the company private

U.S. Broker iShares $IAI moved above $64.32 extending an intermediate uptrend

 

Trader’s Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for June 10th 2019

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for June 10th 2019

Green: Increase from previous day

Red: Decrease from previous day

 

Sectors

Daily Seasonal/Technical Sector Trends for June 10th 2019

Green: Increase from previous day

Red: Decrease from previous day

 

Technical Scoop

Thank you to David Chapman and www.EnrichedInvesting.com for the following weekly comment:

http://enrichedinvesting.com/wp-content/uploads/2019/06/Rate-Frenzy-Slowdown-Signs-Market-Pattern-Gold-Froth-Dollar-Repeat.pdf

 

S&P 500 Momentum Barometer

The Barometer added 1.80 to 56.51 yesterday. It remains intermediate neutral.

 

TSX Momentum Barometer

The Barometer slipped 0.64 to 48.10 yesterday. It remains intermediate neutral.

 

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

Welcome!!! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue