Don Vialoux on Michael Campbell’s Money Talks Listen to Michael’s weekly show tomorrow (Saturday) on CKNW at 8:30-10:00 AM Vancouver time (11:30-1:00 PM Toronto time). Focus is on equity investing for the remainder of 2019. Following is a link: https://globalnews.ca/radio/cknw/?gref=cknw StockTwits released yesterday@EquityClock Saputo $SAP.CA, a TSX 60 stock moved above $40.62 completing a base building pattern. Inter-Pipeline $IPL.CA, a TSX 60 stock moved above $22.44 extending an intermediate uptrend. Nickel ETN $JJNTF moved above $19.56 to a 5 year high extending an intermediate uptrend. Good for nickel producer stocks (e.g. VALE). Was discussed this morning on BNNBloomberg Another abnormally weak June report: Wholesale Sales down 5.6% (NSA), a negative divergence compared to the 1.8% increase that is average for the month. $MACRO #Economy U.S. Real Estate iShares $IYR moved above $91.22 to an all-time high extending an intermediate uptrend. Units are responding to declining long term interest rates Trader’s Corner Editor’s Note: Note the upward change in short term momentum for a wide variety of equity markets, commodities and sectors. Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for August 8th 2019 Green: Increase from previous day Red: Decrease from previous day Commodities Daily Seasonal/Technical Commodities Trends for August 8th 2019 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for August 8th 2019 Green: Increase from previous day Red: Decrease from previous day Keith Richard’s Blog Following is a link: https://www.valuetrend.ca/checking-under-the-hood/ S&P 500 Momentum Barometer The Barometer jumped 14.00 to 50.80 yesterday. It changed to intermediate neutral from intermediate oversold. TSX Momentum Barometer The Barometer added 4.06 to 54.27 yesterday. It remains intermediate neutral. Disclaimer: Seasonality 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