Responses to the FOMC News at 2:00 PM EDT Yesterday The Federal Reserve maintained an “easy money” monetary policy that is expected to continue until the end of 2013. U.S. equity indices initial moved higher but closed lower. Bond prices moved lower, Long term Treasury bond yields moved higher. The U.S. Dollar and its related ETN moved higher. Gold and most commodity prices were mixed Technical Notes for September 16th First Quantum Minerals (FM), a TSX 60 stock moved above $14.09 and $14.11 extending an intermediate uptrend. Trader’s Corner Equity Indices and related ETFs Daily Seasonal/Technical Equity Trends for September 16th 2020 Green: Increase from previous day Red: Decrease from previous day Commodities Seasonal/Technical Commodities Trends for September 16th 2020 Green: Increase from previous day Red: Decrease from previous day Sectors Daily Seasonal/Technical Sector Trends for September 16th 2020 Green: Increase from previous day Red: Decrease from previous day Market Buzz Greg Schnell asks, “Can Gold Shine”? Following is the link: S&P 500 Momentum Barometer The Barometer added 3.61 to 66.53 yesterday. It remains intermediate overbought. TSX Momentum Barometer The Barometer slipped 1.24 to 60.19 yesterday. It remains intermediate overbought. 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