Home Builders SPDRs $XHB moved above $46.38 to an all-time high extending an intermediate uptrend.
Amazon $AMZN, a NASDAQ 100 stock moved above $1815.06 resuming an intermediate uptrend
Couche Tard $ATD.B.CA , a TSX 60 stock moved above $44.07 to an all-time high extending an intermediate uptrend
McDonalds $MCD, a Dow Jones Industrial stock moved above $196.00 completing a base building pattern.
TSX Technology iShares XIT.CA moved above $28.57 to an all-time high extending an intermediate uptrend.
United Kingdom iShares$EWU moved above $33.17 extending an intermediate uptrend
Trader's Corner
Equity Indices and related ETFs
Daily Seasonal/Technical Equity Trends for November 27th 2019
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for November 27th 2019
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for November 27th 2019
Green: Increase from previous day
Red: Decrease from previous day
Greg Schnell's Market Buzz for November 27th
Following is a link
https://www.youtube.com/watch?v=BTbFF_A3VAA&feature=youtu.be
Greg does an update on the energy and precious metal sectors in the latter half of the tape. Both sectors are starting to line up for a trade, but intermediate technicals are not quite there yet.
Seasonal influences also turn positive during the next two weeks. Stay tuned!!!
S&P 500 Momentum Barometer
The Barometer gained another 3.61 to 75.55 yesterday. It remains intermediate overbought, but continues to trend higher.
TSX Momentum Barometer
The Barometer gained another 4.86 to 69.86 yesterday. It remains intermediate overbought, but continues to trend higher.
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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