Vialoux's Technical Talk: April 23, 2014

by Don Vialoux, Timing the Market

Apr 22

Jon Vialoux on BNN last night

Following are links:

http://watch.bnn.ca/#clip1081690

http://watch.bnn.ca/#clip1081692

http://watch.bnn.ca/#clip1081687

http://watch.bnn.ca/#clip1081689

http://watch.bnn.ca/#clip1081688

http://watch.bnn.ca/#clip1081691

http://watch.bnn.ca/#clip1081694

http://watch.bnn.ca/#clip1081693

 

Interesting Charts

European equity markets and related ETFs are moving to six
year highs.


clip_image001

High grain prices have prompted strength in the Agriculture
sector. MOO reached a 15 month high yesterday.


clip_image002

 

Stock Tweets Yesterday

Magna International $MGA broke out this morning and is
leading auto stocks on the upside. ‘Tis the season! See

http://charts.equityclock.com/magna-international-inc-usa-nysemga-seasonal-chart


clip_image003

DJTransportation Average broke to an all-time high this
morning. ‘Tis the season until the first week in May. See

http://charts.equityclock.com/transportation-industry-seasonal-chart


clip_image004

“Gassy” stocks in the U.S. are leading the energy sector.
Nice breakouts by $COG and $APA this morning. ‘Tis the
season!


clip_image005


clip_image006

 

Technical Action in Individual Equities
Yesterday

Technical action by S&P 500 stocks remains bullish.
Another 16 S&P 500 stocks broke resistance and two broke
support (PNR and KMB).

Two TSX 60 stocks broke resistance (Magna and Canadian
National Railway) and none broke support.


clip_image007


clip_image008

 

FP Trading Desk Headline

FP Trading Desk headline reads, “Things are finally
looking up for the loonie”.
Following is a link:


http://business.financialpost.com/2014/04/22/things-are-finally-looking-up-for-the-loonie/

FP Trading Desk headline reads, “Advisors turn bearish on
Canadian stocks in the second quarter”.
Following is a
link:


http://business.financialpost.com/2014/04/22/advisors-turn-bearish-on-canadian-stocks-in-q2/

 

Special Free Services available
through
www.equityclock.com

Equityclock.com is offering free access to a data base
showing seasonal studies on individual stocks and sectors.
The data base holds seasonality studies on over 1000 big and
moderate cap securities and indices. To login, simply go to
http://www.equityclock.com/charts/

Following is an example:

clip_image010

STAPLES Relative to the S&P 500

clip_image012


clip_image013

 

A chart to watch

A technical analyst noted on CNBC’s Fast Money last night
that Facebook is forming a potential reverse head and
shoulders pattern. Facebook is scheduled to release first
quarter results today. The stock is worth watching.
Completion of the pattern above the neckline will attract
significant interest in the Technology sector.


clip_image001[5]

 

Disclaimer: Comments, charts and opinions
offered in this report by
www.timingthemarket.ca
and
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. Don and Jon Vialoux are
Research Analysts with Horizons ETFs Management (Canada)
Inc.  All of the views expressed herein are the personal
views of the authors and are not necessarily the views of
Horizons ETFs Investment Management (Canada) Inc., although
any of the recommendations found herein may be reflected in
positions or transactions in the various client portfolios
managed by Horizons ETFs Investment Management (Canada)
Inc.

Twitter comments (Tweets) are not offered on
individual equity securities held personally or in the
Horizons Seasonal Rotation Fund.

Horizons Seasonal Rotation ETF HAC April
22nd 2014


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Copyright © Don Vialoux, Jon Vialoux, Brooke Thackray

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