Observations Wild moves by markets following release of the Federal Reserve Meeting Minutes at 2:00 PM EST: · Equity indices initially moved higher, but subsequently moved sharply lower to the close. · Yield on 10 year Treasuries initially moved lower, but subsequently moved higher to the close. · Conversely, price of long term Treasuries moved lower to the close. · U.S. Dollar Index initially moved lower, but subsequently moved higher to the close. · Precious metal prices and precious metal equity prices initially moved higher, but subsequently moved lower to the close. StockTwits released yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Quiet. Breakouts: $ZION $CF. Breakdown: $NFX Editor’s Note: After 10:00 AM EST, breakouts included MTB, STI, VRSK, FFIV, BA, BBT, AMZN and FTV. Agnico Eagle $AEM $AEM.CA, a TSX 60 stock moved below $52.36 Cdn. extending an intermediate downtrend. Regional Bank SPDRs $KRE moved above $63.81 to an all-time high extending an intermediate uptrend. U.S. Regional Banks breaking to new highs extending an intermediate uptrend: $BBT $ZION $MTB $STI Boeing $BA, a Dow Jones Industrial stock moved above $359.67 to an all-time high extending an intermediate uptrend. Amazon $AMZN, a Dow Jones Industrial stock moved above $1498.00 to an all-time high extending an intermediate uptrend. Trader’s Corner Daily Seasonal/Technical Equity Trends for February 21st 2018 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for February 21st 2018 Green: Increase from previous day Red: Decrease from previous day * Excludes adjustment from rollover of futures contracts Daily Seasonal/Technical Sector Trends for February 21st 2018 Green: Increase from previous day Red: Decrease from previous day S&P 500 Momentum Barometer The Barometer slipped 1.40 to 40.20 yesterday. It remains intermediate neutral after reaching an intermediate bottom. TSX Momentum Barometer The Barometer eased 1.63 to 24.08 yesterday. It remains intermediate oversold after reaching an intermediate bottom. 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