StockTwits Released Yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Bearish. Breakouts: $YUM $EQT $AJG $AON Breakdowns: $F $GM $WYND $CL $COG $HAL $SLB $MAC $ZBH $RHI $GOOGL Editor’s Note: After 10:00 AM EDT, breakouts included XYL, CMS and AME. Breakdowns included WU, TROW, MCK, GOOG and SWKS. Auto stocks $F $GM and the auto ETF $CARZ were notable on the list of breakdowns. Alphabet $GOOGL, one of the FAANG stocks moved below $1204.00 extending an intermediate downtrend. TSX Energy iShares $XEG.CA moved below $12.26 completing a Head & Shoulders pattern. Canadian Tire $CTC.A.CA, a TSX 60 stock moved below $161.40 and $160.60 extending an intermediate downtrend. Imperial Oil $IMO.CA, a TSX 60 stock moved below $40.05 extending an intermediate downtrend. Barrick Gold $ABX ABX.CA, a TSX 60 stock moved below $9.69 U.S. and $12.77 Cdn extending an intermediate downtrend. Coal ETF $KOL moved below $15.11 extending an intermediate downtrend. Cenovus $CVE.CA $CVE, a TSX 60 stock moved below $11.53 Cdn and $8.77 U.S. extending an intermediate downtrend. Junior Gold ETF $GDXJ moved below $26.78 extending an intermediate downtrend. Uranium ETF moved below $12.24 and $12.25 extending an intermediate downtrend TSX Composite Index $TSX.CA moved below 16,075.34 completing a Head & Shoulders pattern. S&P/TSX 60 Index $SPTSE.CA moved below $958.41 completing a Head & Shoulders pattern. Fairfax Financial $FFH.CA moved below $692.10 completing a Head & Shoulders pattern. Canada Exports down 6.9% (NSA) in July, Imports down 5.9%. Average change for each: -8.2% and -9.2%, respectively. $MACRO #CDNecon #CAD Trader’s Corner Equities and Related ETFs Daily Seasonal/Technical Equity Trends for September 5th 2018 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for September 5th 2018 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for September 5th 2018 Green: Increase from previous day Red: Decrease from previous day Schachter Energy Conference Josef’s first energy conference is scheduled on Saturday September 29th in Calgary. It features 20 companies that will update their prospects. More information on the conference and registration is available through the following links: Facebook: (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.8"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));https://www.facebook.com/patty.schachter/posts/10156150610559702?comment_tracking=%7B%22tn%22%3A%22O%22%7D LinkedIn: https://www.linkedin.com/feed/update/urn:li:activity:6435937562195423232 Twitter: https://twitter.com/JosefSchachter/status/1032030657818456064!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); Keith Richards’ Blog Keith Richards says “Why I hate stop loss orders”. Following is a link: https://www.valuetrend.ca/why-i-hate-stop-loss-orders/ S&P 500 Momentum Barometer The Barometer added 1.80 to 69.80 yesterday. It remains intermediate overbought TSX Momentum Barometer The Barometer dropped another 2.45 to 37.55 yesterday. It has dropped to an intermediate oversold level, but continues to trend lower. 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