Gold bullion ETN $GLD moved above $272.32 to an all-time high extending an intermediate uptrend. Responded to spot gold futures price moving above US$2,974.00 per ounce to an all-time high!
Gold Equity ETF $GDX moved above $42.66 extending an intermediate uptrend. Junior Gold Equity ETF $GDXJ moved above $54.18 to an all-time high extending an intermediate uptrend.
Agnico-Eagle $AEM a TSX 60 stock moved above US$101.02 to an all-time high extending an intermediate uptrend.
Franco-Nevada $FNV.TO a TSX 60 stock moved above Cdn$212.97 to an all-time high extending an intermediate uptrend.
Adobe $ADBE an S&P 100 stock moved below $403.75 extending an intermediate downtrend.
Bank of Nova Scotia $BNS.TO a TSX 60 stock moved below Cdn$68.00 extending an intermediate downtrend.
Trader's Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 13th 2025
Green: Increase from previous day
Red: Decrease from previous day
Source for all positive seasonality ratings: www.EquityClock.com
Commodities
Daily Seasonal/Technical Commodities Trends for March 13th 2025
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 13th 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Nontraditional ETFs: What to know
Nontraditional ETFs: What to know - YouTube
Summers on Recession Risks, Inflation, Trade War, Tariffs, Fed Outlook
Summers on Recession Risks, Inflation, Trade War, Tariffs, Fed Outlook - YouTube
Is It Finally Time To Buy The Mag7 Stocks? Guy Adami and Dan Nathan
Is It Finally Time To Buy The Mag7 Stocks? - YouTube
CHART THIS with David Keller, CMT Thursday 3/13/25
https://www.youtube.com/watch?v=wQQTHQhdfsY
How to Profit From Market Spreads | Navigating Seasonal Cycles, March 13, 2025
https://www.youtube.com/watch?v=KyRmn-lHHWw
S&P 500 Momentum Barometers
The intermediate Barometer dropped another 1.80 to 28.40. It remains Oversold. Daily downtrend was extended.
The long term Barometer dropped another 3.80 to 35.80. It remains Oversold, Daily downtrend was extended.
Short term (20 days) Barometer dropped another 1.00 to 19.00. It remains deeply Oversold. Daily downtrend was extended.
TSX Momentum Barometers
Intermediate term Barometer dropped 2.27 to 39.09. It changed from Neutral to Oversold on a move below 40.00.
Long term Barometer dropped 1.36 to 48.64. It remains Neutral.
Disclaimer: Seasonality ratings 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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