Tech Talk for Tuesday March 12th 2019

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade.

Index futures were virtually unchanged following release of the February Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a drop of 0.1% in January. Actual was an increase of 0.2%. Excluding food and energy, consensus was an increase of 0.2% versus a gain of 0.2% in January. Actual was an increase of 0.1%..

ADT fell $0.89 to $6.70 after reporting a fourth quarter loss.

Dick's Sporting Goods dropped $2.42 to $36.47 after reporting lower than consensus fourth quarter sales. The company also issued lower than consensus guidance.

NVidia (NVDA $161.14) is expected to open higher after SunTrust raised its target price to $210 from $195.

EquityClock's Daily Comment

Following is a link:

http://www.equityclock.com/2019/03/11/stock-market-outlook-for-march-12-2019/

Note seasonality charts on Retail Sales and Technology sector relative to the S&P 500.

StockTwits released yesterday @EquityClock

Technical action by S&P 500 stocks to 10:00: Quietly bullish. Intermediate breakouts: $WMB $MLM. No breakdowns.

Editor's Note: After 10:00 AM EST, one more breakout: ES. No breakdowns.

Trader's Corner.

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for March 11th 2019

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for March 11th 2019

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for March 11th 2019

Green: Increase from previous day

Red: Decrease from previous day

Technical Scoop

By David Chapman compliments of www.enrichedinvesting.com

http://enrichedinvesting.com/wp-content/uploads/2019/03/Canada-Jobs-Sparkle-Trade-Deficits-Widen-Houses-and-Ships-Signal-Slowdown-Dollar-Gains-Gold-Corrects.pdf

http://www.equityclock.com/about/seasonal-advantage-portfolio/

S&P 500 Momentum Barometer

The Barometer added 6.20 to 82.00 yesterday. It remains intermediate overbought.

TSX Momentum Barometer

The Barometer gained 4.62 to 74.79 yesterday. It remains intermediate 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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