Observations Tweets by Trump about lower pharmaceutical prices weighed on the drug stocks and the health care sector. StockTwits Released Yesterday @EquityClock Momentum sell signals triggered on the daily chart of the S&P 500 Index Technical action by S&P 500 stocks to 1:30: Bearish. Breakout: $TXN. Breakdowns: $AZO $HES $MAC $ABC $ENDP $WIN $GGP Retail SPDRs $XRT moved below $42.11 extending an intermediate downtrend. Canadian Utilities $CU.CA moved above $37.36 extending an intermediate uptrend. Trader’s Corner Daily Seasonal/Technical Equity Trends for March 7th 2017 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for March 7th 2017 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for March 7th 2017 Green: Increase from previous day Red: Decrease from previous day CSTA News Oakville Chapter Meeting Wednesday March 8th Oakville Town Hall Speaker: Steve Turner Topic: Managing a momentum ETF Porfolio Register: www.csta.org Everyone is welcome S&P 500 Momentum Barometer The Barometer dropped 3.00 to 71.60 yesterday. It remains intermediate overbought and has started to trend down (Confirms comment and chart above indicating a momentum sell signal) TSX Momentum Barometer The Barometer dropped another 0.82 to 45.49 yesterday. It remains neutral with a downward trend. 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