Don Vialoux will be a guest on “Wolf on Bay Street” released at 7:00 PM EST on Saturday on Corus 640.
Technical Notes
Taiwan iShares $EWT moved below support at $52.94 setting an intermediate downtrend.
Berkshire Hathaway $BRK.B an S&P 100 stock moved above $484.92 to an all-time high extending an intermediate uptrend.
Verizon $VZ a Dow Jones Industrial Average stock moved above $44.66 extending an intermediate uptrend
CoStar Group $CSGP a NASDAQ 100 stock moved above $81.63 setting an intermediate uptrend.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for November 27th 2024
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 November 27th 2024
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for November 27th 2024
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Can the S&P 500 Rally Without Tech?
Can the S&P 500 Rally Without Tech? – YouTube
The S&P 500 could hit 7,000 by the end of next year, says Ed Yardeni
The S&P 500 could hit 7,000 by the end of next year, says Ed Yardeni – YouTube
Stocks At Record Highs Ahead of Thanksgiving Holiday: Guy Adami, Dan Nathan, Liz Young
Stocks At Record Highs Ahead of Thanksgiving Holiday – YouTube
December’s History Points to "Santa Claus" Rally: Sam Stovall
December’s History Points to "Santa Claus" Rally – YouTube
"Einstein of Wall Street" On Holiday Week
"Einstein of Wall Street" On Holiday Week – YouTube
Chart of the Day: Technology SPDRs (XLK)
Technical score dropped from 4 to -2 when strength relative to the S&P 500 changed from Neutral to Negative, price moved below its 20 day moving average and daily momentum indicators (Stochastics, RSI and MACD) changed from up to down. Seasonal influences currently are Neutral.
S&P 500 Momentum Barometers
The intermediate term Barometer added 0.80 to 69.60. It remains Overbought. Daily trend is up.
The long term Barometer added 0.40 to 75.80. It remains Overbought.
TSX Momentum Barometers
The intermediate term Barometer added 2.74 to 59.82. It remains Neutral.
The long term Barometer was unchanged at 75.34. 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