Tech Talk for Thursday March 15th 2018

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade.

Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was a slip to 230,000 from 231,000 last week. Actual was a slip to 226,000. Consensus for March Philly Fed Index was a drop to 23.3 from 25.8 in February. Actual was a drop to 22.3. Consensus for the Empire State Manufacturing Survey was an increase to 14.6 from 13.1 in February. Actual was an increase to 22.5.

ADT gained $0.56 to $10.77 after reporting higher than consensus quarterly earnings.

Signet Jewelers dropped another $-/62 to $37.60 after Susquehanna lowered its target price to $35 from $52.

Dollar General gained $5.80 to $95.00 after announcing higher than consensus same store sales. The company also announced a share buy-back program and raised its guidance.

EquityClock's Daily Market Comment

Following is a link:

http://www.equityclock.com/2018/03/14/stock-market-outlook-for-march-15-2018/

Note seasonality charts on the Industrial sector, Materials sector, Crude Oil Days of Supply, Gasoline Days of Supply, Retail Trade and the Retail Industry.

StockTwits Released Yesterday @EquityClock

Technical action by S&P 500 stocks to 10:00: Bullish. Breakouts: $F $EIX $NEE $SJM. Breakdown: $MAT

First Quantum Minerals $FM.CA, a TSX 60 stock moved above $21.71 to a 3 year high extending an intermediate uptrend.

'Tis the season for First Quantum Minerals $FM.CA to move higher to mid-May!

Saputo $SAP.CA , a TSX 60 stock moved above $41.24 completing a double bottom pattern.

20 year Treasury Bond iShares $TLT moved above $119.62 completing a short term double bottom pattern.

Celestica $CLS.CA $CLS, one of Canada's largest tech companies moved above $14.59 completing a double bottom pattern.

'Tis the season for Celestica $CLS to move higher to early May!

PPI for All Commodities up 1.5% (NSA) in first two months of year, more than double the historical average. #Inflation #Economy $MACRO

US Retail Trade lower by 2.1% in February, well below the 0.1% decline that is average for month. #Economy $MACRO $XRT $RTH

Trader's Corner

Daily Seasonal/Technical Equity Trends for March 14th 2018

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for March 14th 2018

Green: Increase from previous day

Red: Decrease from previous day

* Excludes adjustment from rollover of futures contracts

Daily Seasonal/Technical Sector Trends for March 14th 2018

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

The Barometer dropped 4.60 to 46.50 yesterday. It remains intermediate neutral.

TSX Momentum Barometer

The Barometer added 1.63 to 40.41 yesterday. It changed to intermediate neutral from intermediate oversold.

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

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