Technical Notes

Costco $COST an S&P 100 stock moved above $1.008.25 to an all-time high extending an intermediate uptrend.

PayPal $PYPL an S&P 100 stock moved below $81.79 completing a double top pattern.

Merck $MRK an S&P 100 stock moved below $93.73 to a two year low extending an intermediate downtrend.

Mondelez $MDLZ an S&P 100 stock moved below $55.97 to a 28 month low extending an intermediate downtrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for February 4^th 2025

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 February 4^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for February 4^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

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If implemented, tariffs could deal a meaningful blow to U.S. economy, says Charles Schwab’s Sonders – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 0.41 to 48.60. It remains Neutral.

The long term Barometer slipped 0.20 to 60.40. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 4.95 to 38.74. It remains Oversold.

The long term Barometer added 1.80 to 62.61. 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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