Editor’s Note: Jon Vialoux is scheduled to appear on BNN’s Market Call tomorrow at 1:00 PM EDT Observations U.S. equity indices failed to follow through their move on Friday to new highs, implying likelihood of a “fake out” rather than start of another significant upside move. Interesting technical action yesterday in “gassy” stocks! See charts on “gassy” stocks and ETFs below. Mr. Vialoux on Berman’s Call Yesteday Following are links: http://www.bnn.ca/video/berman-s-call-part-one~926202 Market Comment http://www.bnn.ca/video/berman-s-call-part-two-viewer-questions~926204 Viewer Questions http://www.bnn.ca/video/berman-s-call-part-three-educational-segment~926225 Educational Section Charts and Information for the Education section The mid-July to mid-October period for North American equity markets historically has been a period of increased volatility. Sector rotation frequently occurs during the period of increased volatility into mid-October Materials: Neutral to Negative Industrials: Neutral to Negative Consumer Discretionary (eg. Autos): Neutral to Negative Mines & Metals: Positive to Neutral Forest Products: Neutral to Negative Precious Metals: Neutral to Positive Examples using seasonality charts (Price charts confirm these trends this year) StockTwits Released Yesterday @EquityClock Breakdown of the Non-farm Payroll report from a seasonal perspective Technical action by S&P 500 stocks to 1:30 PM: Bullish. Breakouts: $CXO, $DVN, $NOV, $PXD, $SLB, $BAC, $PRU, $FDX, $KSU. Editor’s Note: After 1:30 PM, Dover broke to resistance to extend an intermediate uptrend. “Gassy” stocks were notably stronger. Breakouts included $DVN, $ECA.CA, $ARX.CA, $PEY.CA Nice breakout by $BNS.CA above $66.65 to a 2 year high extending an intermediate uptrend. Nice breakout by $TRP.CA above $$61.44 to an all-time high extending an intermediate uptrend. Trader’s Corner Daily Seasonal/Technical Equity Trends for August 8th 2016 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Commodities Trends for August 5th 2016 Green: Increase from previous day Red: Decrease from previous day Daily Seasonal/Technical Sector Trends for August 5th 2016 Green: Increase from previous day Red: Decrease from previous day Special Free Services available through www.equityclock.com Equityclock.com is offering free access to a data base showing seasonal studies on individual stocks and sectors. The data base holds seasonality studies on over 1000 big and moderate cap securities and indices. To login, simply go to http://www.equityclock.com/charts. Following is an example: S&P 500 Momentum Barometer The Barometer slipped 1.00 to 72.40 yesterday. It remains intermediate overbought and trending down. TSX Composite Momentum Barometer The Barometer added 5.87 to 76.39 yesterday. It became more intermediate overbought. Disclaimer: Seasonality and technical ratings offered in this report by www.timingthemarket.ca and 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