Upcoming BNN Appearance Jon Vialoux will be on BNN’s Market Call Tonight at 6:00pm ET this Friday, May 10th taking your calls on Technical Analysis and Seasonal Investing. CALL TOLL-FREE 1-855-326-6266, EMAIL marketcall@bnnbloomberg.ca, or TWEET @MarketCall. StockTwits released yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Quietly bearish. No intermediate breakouts. Breakdowns: $TRIP $ISRG $EXC Editor’s Note: After 10:00 AM EDT, no intermediate breakouts. Breakdowns: MPC, D, PNW, NEE and DUK. Global Timber iShares $WOOD moved below $61.75 setting an intermediate downtrend Canadian forest product stocks under technical pressure. Breakdowns by $IFP.CA and $WFT.CA TSX Base Metals iShares moved below $11.97 setting an intermediate downtrend. $XBM.CA Editor’s Note: Base metal prices (copper, zinc, aluminum) have virtually collapsed during the past five weeks, down over 7%. Total #Vehicle Sales down 16.9% in April, almost double the average decline for the month of 8.6%. $MACRO #Economy #Autos Bausch Health $BHC.CA, a TSX 60 stock moved above $35.65 extending an intermediate uptrend Cogeco Cable $CCA.CA moved above $91.79 to an all-time high extending an intermediate uptrend. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for May 8th 2019 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for May 8th 2019 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for May 8th 2019 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer slipped another 0.80 to 52.80 yesterday. It remains intermediate neutral and trending down. TSX Momentum Barometer The Barometer dropped another 2.97 to 44.07 yesterday. It remains intermediate neutral and trending 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