Observations Long term 20 Year+ Treasury Bond ETF (TLT) closed at an all-time closing high yesterday. Despite strength in long term Treasury Bond and commodity prices, the U.S. Dollar Index closed at a three year closing high at 99.45 StockTwits released yesterday @EquityClock Paychex $PAYX, a NASDAQ 100 stock moved above $89.33 to an all-time high extending an intermediate uptrend. Palladium ETN $PALL moved above $237.99 to an all-time high extending an intermediate uptrend Goldman Sachs $GS, a Dow Jones Industrial stock moved below $235.01 completing a double top pattern BCE Inc. $BCE.CA, a TSX 60 stock moved above $64.44 to an all-time high extending an intermediate uptrend. Dollarama $DOL, a TSX 60 stock moved below $43.21 extending an intermediate downtrend Wheaton Precious Metals $WPM $WPM.CA, a TSX 60 stock moved above $30.80 U.S. and $40.82 Cdn. to all-time highs extending an intermediate uptrend Barrick Gold $ABX.CA $GOLD, a TSX 60 stock moved above $26.59 Cdn and $19.97 U.S. to a 3.5 year high extending an intermediate uptrend Ross Stores $ROST, a NASDAQ 100 stock moved above $122.62 to an all-time high extending an intermediate uptrend. Trader’s Corner Editor’s Note: Lots of positive technical action by commodities and commodity sensitive equities yesterday despite strength in the U.S. Dollar Index. Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for February 18th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for February 18th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for February 18th 2020 Green: Increase from previous day Red: Decrease from previous day Keith Richard’s Blog Keith asks ”Is ESG Investing Profitable”? Following is a link: https://www.valuetrend.ca/is-esg-investing-profitable/ S&P 500 Momentum Barometer The Barometer dropped 5.21 yesterday to 61.92. It remains intermediate overbought and showing early signs of rolling over. TSX Momentum Barometer The Barometer added 0.17 to 64.06 yesterday. It remains intermediate overbought. 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