Technical Notes

Taiwan iShares (EWT) moved above $66.51 to an all-time high extending an intermediate uptrend. Triggered by a move by Taiwan Semiconductor (TSM) to an all-time high! Seasonal influences are favourable until March 13^th. See seasonality chart at www.EquityClock.com

Emerson Electric (EMR) an S&P 100 stock moved above $149.03 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until February 11^th. See seasonality chart at www.EquityClock.com

Baker Hughes (BKR) a NASDAQ 100 stock moved above $51.12 to an all-time high extending an intermediate uptrend.

Cintas (CTAS) a NASDAQ 100 stock moved above $196.04 extending an intermediate uptrend.

Old Dominion Freight Lines (ODFL) a NASDAQ 100 stock moved above $175.87 extending an intermediate uptrend. Seasonal influences are favourable until March 13^th. See seasonality chart at www.EquityClock.com

Fastenal (FAST) a NASDAQ 100 stock moved above $43.20 resuming an intermediate uptrend. Seasonal influences are favourable until April 3^rd. See seasonality chart at www.EquityClock.com

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for January 15^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 January 15^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for January 15^th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Tech Rallies After TSM Blowout Earnings, Banks Continue Mixed Earnings: Schwab Network

Tech Rallies After TSM Blowout Earnings, Banks Continue Mixed Earnings – YouTube

RBC’s Lori Calvasina breaks down her 2026 S&P 500 year-end target of 7,750

RBC’s Lori Calvasina breaks down her 2026 S&P 500 year-end target of 7,750 – YouTube

2026 Market Pullback: Why Holding Cash Could Pay Off: ValueTrendCanada

2026 Market Pullback: Why Holding Cash Could Pay Off – YouTube

Is History Repeating Itself? These Signals Are Concerning: Tom Bowley

Is History Repeating Itself? These Signals Are Concerning – YouTube

S&P 500 Set To Break One Way Or Another: Guy Adami and Carter Worth

S&P 500 Set To Break One Way Or Another – YouTube

TSMC Provides Boost to AI Trade With Surge in Spending: Bloomberg Television

TSMC Provides Boost to AI Trade With Surge in Spending – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 0.40 to 73.20. It remains Overbought.

The long term Barometer added 1.80 to 70.40, a 13 month high. It remains Overbought. Daily uptrend was extended.

TSX Momentum Barometers

The intermediate term Barometer slipped 0.46 to 83.03. It remains Overbought.

The long term Barometer added 0.92 to 86.24. 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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