Pre-opening Comments for Friday April 17^th

U.S. equity index futures were higher this morning. S&P 500 futures were up 35 points at 8:30 AM EST.

WTI Crude Oil dropped $3.40 to $91.29 per barrel in anticipation of an agreement between the U.S. and Iran

Netflix (NFLX) dropped $9.56 to $98.23 despite reporting higher than consensus first quarter results. The company also released second quarter guidance below consensus

Alcoa dropped $1.43 to $68.93 after reporting lower than consensus first quarter results.

EquityClock’s Market Outlook for April 17^th

Industrial activity softened in March, amid the Iran conflict, but manufacturers are remaining very optimistic. See:

https://equityclock.com/2026/04/16/stock-market-outlook-for-april-17-2026/

Mark Leibovit Comment in www.Howestreet.com

Silver and Copper Have Huge Potential Growth See:

Silver and Copper Have Huge Potential Growth – HoweStreet

Technical Notes

Advanced Micro Devices (AMD) an S&P 100 stock moved above $266.96 and $267.08 to an all-time high extending an intermediate uptrend.

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Johnson & Johnson (JNJ) a Dow Jones Industrial Average stock moved below $232.24 completing a double top pattern.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 16^th 2026

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 April 16^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 16^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

The Market Hit New Highs — But This Is the Real Signal! Tom Bowley

The Market Hit New Highs — But This Is the Real Signal! – YouTube

Tom Lee: Stock market is in better position now than the all-time highs earlier this year

Tom Lee: Stock market is in better position now than the all-time highs earlier this year – YouTube

S&P Nears Mega-Resistance Parallel! Epic Rally Upside Target, Semi’s Fall In Market Warning Sign: Verified Investing

S&P Nears Mega-Resistance Parallel! Epic Rally Upside Target, Semi’s Fall In Market Warning Sign – YouTube

Is It Finally Software’s Time To Shine? Guy Adami, Dan Nathan and Liz Thomas

Is It Finally Software’s Time To Shine? – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 0.60 to 52.60. It remains Neutral.

The short term (20 days) Barometer added 2.60 to 74.20.It remains Overbought.

The long term Barometer added 0.40 to 56.60. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer added 0.29 to 64.55. It remains Overbought.

The short term (20 days) Barometer dropped 3.76 to 68.64. It remains Overbought. Daily downtrend has been established.

The long term Barometer added 1.25 to 75.91. 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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