Pre-opening Comments for Tuesday June 16^th

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT.

S&P 500 futures added 2 points following release of May U.S. Housing Starts at 8:30 AM EDT. Consensus called for a slip in starts to 1.43 million units versus 1.47 million units in April. Actual was a drop to 1.18 million units.

Uber (UBER) added $4.00 to $72.85 after announcing new advertising plans

Robinhood (HOOD) added $2.33 to $100.45 after announcing plans to cut its workforce by 10%.

Spacex (SPCX) added another $17.24 to $209.74 in overnight trade.

WTI Crude Oil dropped another $2.48 to $78.27 in overnight trade

EquityClock’s Market Outlook for June 16^th

Stocks jump, Oil drops, and Treasury Yields unchanged? See:

https://equityclock.com/2026/06/15/stock-market-outlook-for-june-16-2026/

Technical Notes

S&P Money Center Bank SPDRs (KBE) moved above $67.36 to an all-time high extending an intermediate uptrend.

S&P Regional Bank SPDRs (KRE) moved above $73.65 to an all-time high extending an intermediate uptrend.

Industrial SPDRs (XLI) moved above $178.80 to an all-time high extending an intermediate uptrend.

Corn ETN (CORN) moved below $16.61 extending an intermediate downtrend.

WTI Crude Oil (WTIC) dropped below $80.56 per barrel resetting an intermediate downtrend.

Notable U.S. energy stocks moving below support setting an intermediate downtrend included ExxonMobil (XOM) on a move below $141.01 and ConocoPhillips (COP) on a move below $111.38

TSX Energy iShares (XEG.TO) moved below Cdn$25.84 and Cdn$25.66 completing a short term Head & Shoulders pattern. Notable Canadian energy stocks moving below support setting an intermediate downtrend included Suncor (SU.TO) on a move below Cdn$84.59 and Cenovus (CVE.TO) on a move below Cdn$37.45

Trader’s Corner

Equity Indices and Related ETFs

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

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for June 15^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Stocks Rip Higher As Iran Deal Seemingly Finalized: Guy Adami and Dan Nathan

Stocks Rip Higher As Iran Deal Seemingly Finalized – YouTube

Best Covered Call ETFs in Canada: Pros and Cons: ValueTrendCanada

Best Covered Call ETFs in Canada: Pros and Cons – YouTube

Crude Oil Taps $80 & Stock Rally as Strait of Hormuz Reopens: Schwab Network

Crude Oil Taps $80 & Stock Rally as Strait of Hormuz Reopens – YouTube

U.S., Iran agree to tentative deal to end war, reopen Strait of Hormuz: CBC News

U.S., Iran agree to tentative deal to end war, reopen Strait of Hormuz – YouTube

‘The damage in certain countries is far worse than let on’: Nuttall on the state of oil

‘The damage in certain countries is far worse than let on’: Nuttall on the state of oil – YouTube

CHART THIS with Dave Keller Monday 6/15/26

$TSXA200R | SharpCharts | StockCharts.com

S&P 500 Momentum Barometers

The intermediate term Barometer added 2.80 to 63.80. It remained Overbought. Daily uptrend was extended.

The short term (20 days) Barometer slipped 0.40 to 71.00. It remained Overbought.

The long term Barometer added 1.00 to 62.60. It remained Overbought. Daily uptrend was extended.

TSX Momentum Barometers

The intermediate term Barometer added 2.27 to 56.36. It remained Neutral.

The short term (20 days) Barometer advanced 13.18 to 66.82. It changed from Neutral to Overbought on a move above 60.00.

The long term Barometer added 4.55 to 71.82. 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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