Wolfe on Bay Street
Don Vialoux is a guest analyst on Wolfe’s weekly business show to be released on Corus Radio 640 on Saturday at 7:00 PM EST and on Sunday at 5:00 PM EST.
Technical Notes
Oil Services ETF (OIH) moved above $423.85 to an all-time high extending an intermediate uptrend.
Gasoline ETN (UGA) moved above $108.07 to an all-time high extending an intermediate uptrend.
S&P 100 and NASDAQ 100 stocks moving above resistance extending intermediate uptrends included Schlumberger (SLB) on a move above $54.80, Charter Communications (CHTR) on a move above $249.24, Microchip Technology (MCHP on a move above $82.86, Roper Technologies (ROP) on a move above $368.33, NextEra Energy (NEE) on a move above $96.21 to an all-time high and Union Pacific (UNP) on a move above $268.14 to an all-time high.
S&P 100 and NASDAQ 100 stocks moving below support extending an intermediate downtrend included Danaher (DHR) on a move below $59.31, Charles Schwab (SCHW) on a move below $90.00 and $89.04,Thermo Fisher Scientific (TMO) on a move below $458.34, Lulu Lemon (LULU) on a move below $458.34.
Teck Resources (TECK) a TSX 60 stock moved above US$62.26 to an all-time high extending an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for April 23rd 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 23rd 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for April 23rd 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
This Big Shift in Tech Stocks Is Driving the Market Joe Rabil
https://www.youtube.com/watch?v=oSkZVR135Ws
Stocks Continue Shrugging Off Iran Conflict: Dan Nathan and Liz Thomas
https://www.youtube.com/watch?v=U5AcCR8cqVM
S&P 500 Momentum Barometers
The intermediate term Barometer added 0.40 to 55.20. It remains Neutral.
The short term Barometer added 0.80 to 66.20. It remains Overbought.
The long term Barometer was unchanged at 58.20. It remains Neutral.
TSX Momentum Barometers
The intermediate term Barometer slipped 0.45 to 53.18. It remains Neutral.
The short term (20 days) Barometer dropped another 2.73 to 56.36.It remain Neutral. Daily downtrend was extended.
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