Next Tech Talk report is scheduled to be released on Monday October 4th
Pre-opening Comments for Thursday September 30th
U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 7:00 AM EDT
U.S. equity index futures were waiting for release of an updated annualized second quarter real GDP growth report at 8:30 AM EDT. Consensus is unchanged from the previous estimate at 6.6%.
Today is a partial holiday in Canada. The Toronto Exchange is open, but federally regulated services are closed.
Starbucks added $0.23 to $112.40 after the company announced a 9% increase in its quarterly dividend.
Fortis gained $0.17 to US$44.25 after the company announced a 6% increase in its quarterly dividend.
EquityClock's Daily Comment
Following is a link:
http://www.equityclock.com/2021/09/29/stock-market-outlook-for-september-30-2021/
Technical Notes released yesterday at
Large-cap benchmark confirming previous trend channel support as resistance. equityclock.com/2021/09/28/… $SPX $SPY $ES_F
Silver iShares $SLV moved below $20.45 completing a Head & Shoulders pattern
Coffee ETN $JJOFF moved below $14.41 completing a double top pattern.
Open Text $OTEX a TSX 60 stock moved below intermediate support at US$48.82.
Trader's Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for September 29th 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for September 29th 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for September 29th 2021
Green: Increase from previous day
Red: Decrease from previous day
All seasonality ratings are based on performance relative to the S&P 500 Index
Comments and video from valued providers
Market Buzz by Greg Schnell
As The Market Sells Off, Where Will We See The Buyers? | Greg Schnell, CMT (09.29.21) - YouTube
Thank you to Mark Bunting and www.uncommonsenseinvestor.com for a link to the following:
Investing or Gambling? What to Know About Risk, Robinhood & Gamification. – Uncommon Sense Investor
S&P 500 Momentum Barometers
The intermediate Barometer added 1.60 to 34.87 yesterday. It remains Oversold.
The long term Barometer added 1.00 to 70.54 yesterday. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 0.63 to 34.74 yesterday. It remains Oversold.
The long term Barometer slipped 0.18 to 61.97 yesterday. It remains Overbought.
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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