Technical Notes

Global Water Index ETF $CGW moved below $53.82 and $53.34 extending an intermediate downtrend.

eBay $EBAY a NASDAQ 100 stock moved above $67.52 extending an intermediate uptrend.

S&P 100 and NASDAQ 100 stocks that broke below support extending an intermediate downtrend included Data General on a move below $71.56, Home Depot on a move below $379.72, Lowe’s on a move below 244.00, Cognizant on a move below $75.16 and American International Group on a move below $69.97.

TSX 60 stocks breaking below support extending an intermediate downtrend included Bank of Nova Scotia on a move below Cdn$74.88, Sun Life Financial on a move below Cdn$83.76 and Saputo on a move below Cdn$24.78.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for January 8^th 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 January 8^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for January 8^th and January 9^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Chart of the Day: TSX Composite Index

Technical score increased from 2 to 6 after strength relative to the S&P 500 improved to Positive from Neutral and the Index moved above its 20 day moving average. Includes chart for January 9^th. Seasonal influences are Positive until March 3^rd

Links offered by valued providers

THIS is the BEST Market Sector Right Now! Julius de Kempenaer

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Equity market risks in 2025: Brian Madden

Equity market risks in 2025 – YouTube

Walser: Global Pullback Coming, U.S. Under Trump 2.0 & the "Debt Spiral"

Walser: Global Pullback Coming, U.S. Under Trump 2.0 & the "Debt Spiral" – YouTube

What a new government will mean for the loonie

What a new government will mean for the loonie – YouTube

Morgan Stanley’s Mike Wilson Expects Choppy First Half of 2025

Morgan Stanley’s Mike Wilson Expects Choppy First Half of 2025 – YouTube

This year will be about AI software and power, says iCapital’s Anastasia Amoroso

This year will be about AI software and power, says iCapital’s Anastasia Amoroso – YouTube

Top Five Stocks and ETFs I’m Watching in Q1 2025! David Keller

Top Five Stocks and ETFs I’m Watching in Q1 2025! – YouTube

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S&P 500 Momentum Barometers

The intermediate term Barometer added another 1.80 to 26.20. It remains Oversold. Daily trend has turned up.

The long term Barometer added 1.40 to 55.20. It remains Neutral.

P.S. The short term (20 day) Barometer added another 5.00 to 32.00 after bottoming at 7.80 on December 19^th

TSX Momentum Barometers

The intermediate term Barometer added 2.24 to 40.36. It returned to Neutral from Oversold on a recovery above 40.00.

The long term Barometer added 0.45 to 66.37. It remains Overbought.

P.S. Short term (20 day) Barometer added 2.69 to 44.39. It remains Neutral.

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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