Technical Notes
Raytheon Technologies (RTX) an S&P 100 stock moved above $158.09 to an all-time high extending an intermediate uptrend.
The breakout by Raytheon triggered a breakout by the Invesco Aerospace and Defense ETF (PPA) and U.S. Aerospace & Defense iShares (ITA) to an all-time high.
Bank of Montreal and Scotia Bank moved to all-time highs after reporting stronger than consensus fiscal third quarter results. Much of their extra gains came from better than expected U.S. operations! Seasonal influences for Bank of Montreal are favourable until November 20th. See seasonality chart at www.EquityClock.com
U.S. bank stocks and their related ETFs broke to 9 month highs: KBE move above $59.21. KRE moved above $64.69. The Canadian equivalent, U.S. Equal Weighted Banks ETF (ZUB.TO) moved above Cdn$35.26 and Cdn$35.48 to an all-time high extending an intermediate uptrend. Seasonal influences for KBE are favourable until December 2nd. Seasonal influences for KRE are favourable until December 26th. See seasonality charts at www.EquityClock.com
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for August 26th 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 26th 2025
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for August 26th 2025
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
6 steps to identify stock market rebounds: Keith Richards
https://www.youtube.com/shorts/leHKsW_T9vc
Two Volume Indicators Every Investor Should Know: David Keller
Two Volume Indicators Every Investor Should Know – YouTube
Why Stocks & Yields Have A "Relationship Problem": Guy Adami and Liz Thomas
Why Stocks & Yields Have A "Relationship Problem" – YouTube
Small Caps Set to Explode Rate Cuts Now on the Table! | Trading Places Live! Tom Bowley
https://www.youtube.com/watch?v=hpIyZ8Arkfc
S&P 500 Momentum Barometers
The intermediate term Barometer slipped 0.40 to 65.40. It remains Overbought.
The long term Barometer added 0.40 to 67.20. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer dropped 1.42 to 66.35. It remains Overbought.
The long term Barometer dropped 1.42 to 81.52. 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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Equity Clock Publications