Tech Talk for Wednesday March 14th 2018

U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade.

Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for the February Producer Price Index was an increase of 0.2% versus a gain of 0.4% in January. Actual was an increase of 0.2%. Excluding food and energy, consensus for the February Producer Prices Index was an increase of 0.2% versus a gain of 0.4% in January. Actual was an increase of 0.4%. Consensus for February Retail Sales was an increase of 0.3% versus a revised decline of 0.1% in January. Actual was a decline of 0.1%. Excluding auto sales, consensus for February Retail Sales was an increase of 0.3% versus a gain of 0.2% in January. Actual was an increase of 0.3%.

Signet Jewellers dropped $5.05 to 42.86 after reporting lower fiscal second quarter same store sales.

Ford gained $0.43 to $11.21 after Morgan Stanley upgraded the stock to Outperform from Under Perform.

EquityClock's Daily Market Comment

Following is a link:

http://www.equityclock.com/2018/03/13/stock-market-outlook-for-march-14-2018/

Note seasonality charts on the Technology sector and the U.S. Consumer Price Index

StockTwits Released Yesterday @EquityClock

Technical action by S&P 500 stocks to 10:15: Bullish. Breakouts: $LEG $PHM $MDT $ALK $VRSN. Breakdown: QCOM

Editor's Note: After 10:15 AM EST, breakouts included AME, MAA, XRX and WY. No breakdowns.

Solar ETF $TAN moved above $25.48 setting new intermediate uptrend.

Consumer Price Index higher by 1.0% in first two months of year, 2nd strongest start to year in the past decade. #CPI #Economy $MACRO

Trader's Corner

Daily Seasonal/Technical Equity Trends for March 13th 2018

Green: Increase from previous day

Red: Decrease from previous day

Daily Seasonal/Technical Commodities Trends for March 13th 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 13th 2018

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

The Barometer slipped 2.00 to 51.20 yesterday. It remains intermediate neutral.

TSX Momentum Barometer

The Barometer slipped 0.41 to 38.78 yesterday. It remains 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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