Tech Talk for Tuesday April 23rd 2024
Kraft Heinz $KHC an S&P 100 stock moved above $38.17 extending an intermediate uptrend.
Southern Companies $SO an S&P 100 companies moved above $72.65 and $72.81 extending an intermediate uptrend.
Pepsico $PEP a NASDAQ 100 stock moved above $176.23 extending an intermediate uptrend.
Trading Desk $TTD a NASDAQ 100 stock moved below $76.42 completing a double top pattern.
Trader's Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 19th 2024
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 April 19th 2024
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 19th 2024
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
What to Expect from Big Earnings This Week: Guy Adami and Dan Nathan
What to Expect from Big Earnings This Week - YouTube
The corrective phase could last into the early summer months: Fairlead Strategies’ Katie Stockton
S&P 500 Momentum Barometers
The intermediate term Barometer advanced 5.20 to 42.20. It changed from Oversold to Neutral by moving above 40.00.
The long term Barometer added 3.20 to 74.00. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 1.79 to 54.02. It remains Neutral.
The long term Barometer added 0.45 to 65.62. It remains Overbought.
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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