Tech Talk for Thursday July 4th 2019

Yesterday, the Dow Jones Industrial Average moved above its previous inter-day high at 26,951.81 to close at an all-time high.

The NASDAQ Composite Index closed just below its inter-day all-time high at 8,176.08.

StockTwits released yesterday @EquityClock

Pharmaceutical ETF $PPH moved above $59.16 setting an intermediate uptrend.

Technical action by S&P 500 stocks to 10:00: Quiet. Intermediate breakout: $ABC. No breakdowns.

Editor's Note: After 10:00 AM EDT, intermediate breakouts included ANET, AES UAL, MKC, GIS, EXPE, RE, COF, SYK, TMK, CI, WAT, EIX and NRG. No breakdowns.

Financial SPDRs $XLF moved above $28.00 extending an intermediate uptrend.

U.S. Broker ETF $IAI moved above $64.35 extending an intermediate uptrend.

TC Energy $TRP.CA, a TSX 60 stock moved above $66.16 to an all-time high extending an intermediate uptrend

Trader's Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for July 3rd 2019

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for July 3rd 2019

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July 3rd 2019

Green: Increase from previous day

Red: Decrease from previous day

S&P 500 Momentum Barometer

The Barometer added 6.40 to 82.80 yesterday. It remains intermediate overbought.

TSX Momentum Barometer

The Barometer added 7.23 to 61.28 yesterday. It returned to intermediate overbought from intermediate neutral on a move above 60.00.

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

Happy Fourth of July to our subscribers residing in the U.S. of A.!

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