Tech Talk for Tuesday March 31st 2020

March 31, 2020 / www.timingthemarket.ca / Article Link

U.S. equity index futures were lower this morning. S&P 500 futures were down 21 points in pre-opening comments.

The Canadian Dollar was virtually unchanged at U.S. 70.27 cents following release of Canada's GDP at 8:30 AM EDT. Consensus was a gain of 0.2% versus an increase of 0.3% in December. Actual was a gain of 0.1%.

Conagra gained $1.53 to $29.76 after issuing positive fiscal fourth quarter guidance.

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Wendy's added $0.35 to $15.32 after Wedbush upgraded the stock from Neutral to Outperform.

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MasterCard advanced $1.72 to $254.97 after SunTrust raised its target price from $285 to $295.

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EquityClock's Daily Comment

Following is a link:

http://www.equityclock.com/2020/03/30/stock-market-outlook-for-march-31-2020/

StockTwits released yesterday @EquityClock

Nil.

 

Observations

Cameco (CCO.CA CCJ), a TSX 60 stock soared yesterday after U.S. uranium producers urged the President to use the Defense Production Act to increase the U.S. strategic reserve.

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Trader's Corner

 

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for March 30th 2020

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Green: Increase from previous day

Red: Decrease from previous day

Commodities

Seasonal/Technical Commodities Trends for March 30th 2020

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Green: Increase from previous day

Red: Decrease from previous day


Sectors

Daily Seasonal/Technical Sector Trends for March 30th 2020

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Green: Increase from previous day

Red: Decrease from previous day

 

 

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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