Pre-opening Comments for Tuesday July 14^th

U.S. equity index futures were lower this morning. SS&P 500 futures were down points at 8:35 AM EDT following release of the June U.S. Consumer Price Index at 8:30 AM EDT.

June U.S. Consumer Price Index was expected to drop 0.2% versus a 0.5% increase in May. Actual was a 0.4% drop. On a year-over-year basis, June CPI was expected to increase 3.8% versus a 4.2% increase in May. Actual was a 3.5% increase. Excluding food and energy, June CPI was expected to drop 0.2% versus a 0.2% increase in May. Actual was unchanged. On a year-over-year basis, core CPI was expected to increase 2.8% versus 2.9% in May. Actual was a 2.6% increase.

U.S. Banks scheduled to report second quarter results before the opening this morning include JP Morgan, Bank of America, Goldman Sachs, Wells Fargo and Citigroup.

Apple (AAPL) briefly moved above $317.40 to an all-time high late yesterday, but dropped $3.53 to $313.78 in pre-opening trade after KeyBank downgraded the stock.

EquityClock’s Market Outlook for July 14^th

Focus shifting back to the energy market as geopolitical tensions rise. See:

https://equityclock.com/2026/07/13/stock-market-outlook-for-july-14-2026/

Technical Notes

Retail SPDRs (XRT) moved above $88.90 extending an intermediate uptrend.

Exxon Mobil (XOM) a Dow Jones Industrial Average stock moved above $143.99 setting an intermediate uptrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for July 13^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 July 13^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July13^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

This Rally Is Expanding Across More Areas: Mary Ellen McGonagle

This Rally Is Expanding Across More Areas – YouTube

Market Warning: SK Hynix Collapses, Semis Sell, Oil Surges…Major Trouble Brewing: Verified Investing

Market Warning: SK Hynix Collapses, Semis Sell, Oil Surges…Major Trouble Brewing – YouTube

RBC’s Lori Calvasina breaks down her 8,150 S&P 500 year-end target

RBC’s Lori Calvasina breaks down her 8,150 S&P 500 year-end target – YouTube

Second-Half Market Outlook & Playbook with Liz Thomas:

Second-Half Market Outlook & Playbook with Liz Thomas – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 3.00 to 65.60. It remained Overbought.

The short term (20 days) Barometer slipped 0.60 to 62.60. It remained Overbought.

The long term Barometer added 0.40 to 67.60. It remained Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 0.91 to 58.36. It remained Neutral.

The short term (20 days) Barometer added 4.09 to 57.27. It remained Neutral.

The long term Barometer slipped 0.91 to 60.00. It remained 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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