Technical Notes released yesterday at
Reallocating the portfolio in stocks, commodities, and bonds for the Santa Claus Rally. equityclock.com/2021/12/22/… $AGG $GSG $SLV $GLD $SPY $MSFT $AAPL $FB $AMZN $NFLX $GOOGL
Canadian Financials iShares $XFN.CA moved above $50.43 to an all-time high extending an intermediate uptrend.
Royal Bank $RY.CA a TSX 60 stock moved above Cdn$133.68 to an all-time high extending an intermediate uptrend.
Couche Tard $ATD.CA a TSX 60 stock moved above $52.89 to an all-time high extending an intermediate uptrend.
West Fraser Timber $WFG.CA moved above $114.37 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis to the end of February. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/west-fraser-timber-co-ltd-tsewfg-to-seasonal-chart
VeriSign $VRSN a NASDAQ 100 stock moved above $248.22 to an all-time high extending an intermediate uptrend.
Monster Beverages $MNST a NASDAQ 100 stock moved above intermediate resistance at $93.81. Seasonal influences are favourable on a real and relative basis to next June. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/monster-beverage-corp-nasdmnst-seasonal-chart
Corn ETN $CORN moved above $21.99 extending an intermediate uptrend. Seasonal influences on a real and relative basis are favourable until at least mid-March. If a subscriber to EquityClock, see seasonality chart at https://charts.equityclock.com/corn-futures-c-seasonal-chart
S&P 500 Index closed at a new all-time closing high at 4725.79.
Global Base Metals iShares $XBM.CA moved above $19.19 resuming an intermediate uptrend. Seasonal influences are strongly favourable on a real and relative basis between now and the third week in February. If a subscriber to EquityClock, see seasonality chart at
https://charts.equityclock.com/ishares-sptsx-global-base-metals-index-etf-tsexbm-to-seasonal-chart
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for Dec.23rd 2021
Green: Increase from previous day
Red: Decrease from previous day
Commodities
Daily Seasonal/Technical Commodities Trends for Dec.23rd 2021
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for Dec.23rd 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 (except TSX).
Links offered by valued providers
Greg Schnell reviews “The roaring 20s: 2021 influential eventsâ€.
One of the biggest events of the year happened on the Nasdaq Exchange. Greg rolls through how this massive event came to be, how it rolled through the investing community and how things are setup to evolve in 2022. Following is a link:
The Roaring Twenties | Greg Schnell | 2021 Influential Events – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer added 4.61 to 61.92 yesterday. It changed from Neutral to Overbought on a move above 60.00. Trend remains up.
The long term Barometer added 2.81 to 71.14 yesterday. It remains Overbought. Trend remains up.
TSX Momentum Barometers
The intermediate term Barometer added 3.37 to 45.37 yesterday. It remains Neutral. Trend remains up.
The long term Barometer gained 5.09 to 60.79 yesterday. It changed from Neutral to Overbought on a move above 60.00. Trend remains up.
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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December 24th, 2021 at 8:18 am
Happy Holidays to everyone here.
December 24th, 2021 at 1:31 pm
Merry Christmas and Happy Holidays everyone. Best wishes for good health and happiness in 2022.
Best wishes to everyone at TechTalk and thanks for the information you provide to us throughout the year.
December 24th, 2021 at 1:44 pm
Wishing you all health, happiness, peace and prosperity this holiday season and in the coming New Year!
December 24th, 2021 at 4:31 pm
Merry Christmas and happy holidays to everyone on this blog and the TechTalk team! Best wishes in the upcoming new year and hope it’s a happy and healthy one for everyone 🙂
December 25th, 2021 at 1:37 pm
Happy Holidays and all the best to everyone on this site. Gotta wonder where some of you have gone…………….
December 25th, 2021 at 4:09 pm
re #5:
We are lurking. After you and Larry/ON, it’s a little intimidating for the rest of us to comment much.
Thank goodness you and Larry/ON provide us with excellent comments.
All the best!
December 25th, 2021 at 6:16 pm
Still_
Don’t short change yourself. “Everyone” has valuable comments or observations on the markets. A lot of them are just questions. I’ve often been stopped in my tracks by what looks like a simple question or comment. There are no gurus Still……………..
December 26th, 2021 at 1:14 pm
This site can be an interesting read of market professionals discussing the markets.
https://www.howestreet.com/2021/12/doug-casey-gold-silver-bitcoin-battery-metals-ross-clark-this-week-in-money/
December 26th, 2021 at 5:40 pm
Happy Holidays is what I say also! I imagine a lot of us have been busy with family and friends. With everyone vaccinated and some testing, it’s a lot easier to get together than last year.
Thanks to all that comment and send charts and links.
Wishing everyone good health and good luck for the New Year!