Technical Notes

Silver Mining ETF (SIL) moved above $51.74 to an all-time high extending an intermediate uptrend.

Wal-Mart (WMT) a Dow Jones Industrial Average stock moved above $100.89 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until November 14^th. Note seasonality chart at www.EquityClock.com

Match (MTCH) a NASDAQ 100 stock moved above $36.09, $38.09 and $38.16 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until September 27^th. See seasonality chart at www.EquityClock.com

Royal Bank (RY.TO) a TSX 60 stock moved above Cdn$181.56 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until November 30^th. See seasonality chart at www.EquityClock.com

TSX Information Technology iShares (XIT.TO) moved above Cdn$77.59 to an all-time high. Reflecting strength in its largest holding: Shopify! Seasonal influences are favourable on a real and relative basis until at least August 31^st. See seasonality chart at www.EquityClock.com

Shopify (SHOP.TO) a TSX 60 stock moved above Cdn$183.53 to a four year high extending an intermediate uptrend. Responded to stronger than consensus revenues and earnings! The company also offered positive guidance. Became the largest weight in the TSX Composite Index and S&P/TSX 60 Index, surpassing Royal Bank! Seasonality influences are favourable until August 31^st. See seasonality chart at www.EquityClock.com

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for August 6^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 August 6^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for August 6^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Shopify overtakes RBC as most influential stock

Shopify overtakes RBC as most influential stock – YouTube

Top 10 Stock Charts for August 2025 You Need to Watch Now: David Keller

Top 10 Stock Charts for August 2025 You Need to Watch Now – YouTube

We’re still in a global bull-market, but expect turbulence in August, says Carson’s Ryan Detrick

We’re still in a global bull-market, but expect turbulence in August, says Carson’s Ryan Detrick – YouTube

Top 10 Charts to Watch August 2025! Grayson Roze

Top 10 Charts to Watch August 2025! – YouTube

Tariffs beginning to impact markets: Green

Tariffs beginning to impact markets: Green – YouTube

Morgan Stanley’s Wilson On Where he sees opportunities in this market

Morgan Stanley’s Wilson On Where he sees opportunities in this market – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 4.20 to 51.00. It remains neutral.

The long term Barometer dropped 0.60 to 56.60. It remains neutral.

TSX Momentum Barometers

The intermediate term Barometer dropped 1.89 to 66.51. It remains Overbought.

The long term Barometer was unchanged at 82.55. 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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