Observations Shanghai Composite Index moved above 3,450.50 to a two year high extending an intermediate uptrend. Brrrrrr, it’s cold out there! Brazil iShares moved above $43.56 to a 3 year high extending an intermediate uptrend StockTwits Released Yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Mixed. Breakouts: $WYNN $ALGN $BDX $ADI. Breakdowns: $DISH $F $FAST Editor’s Note: After 10:00 AM EST, breakouts included GRMN, MDLZ, RCL, CMG, SYY, RE, BEN, COST, PFE, AMG, WDC and MCHP. Semiconductor iShares $SOXX moved above $181.55 to an all-time high extending an intermediate uptrend. ARC Resources $ARX.CA, a TSX 60 stock moved below $13.59 extending an intermediate downtrend. Consumer Staples SPDRs moved above $57.31 to an all-time high extending an intermediate uptrend. Pfizer $PFE, a Dow Jones Industrial stock moved above $37.35 to an all-time high extending an intermediate uptrend. Industrial Production up 0.9% (NSA) in December, a significant divergence compared to 0.6% average decline. #Economy #Manufacturing $MACRO Trader’s Corner Daily Seasonal/Technical Equity Trends for January 17th 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for January 17th 2018 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for January 17th 2018 Green: Increase from previous day Red: Decrease from previous day Keith Richards’ Blog Keith comments on the art and science of selling. See: http://www.valuetrend.ca/art-science-selling/ S&P 500 Momentum Barometer The Barometer added 1.20 to 80.40 yesterday. It remains intermediate overbought. TSX Momentum Barometer The Barometer gained another 3.90 to 59.92 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