Tech Talk for Friday October 18th 2019

Oct 18 06:10 2019 Print This Article

 

European and Emerging Markets move higher

Short term breakouts by the Eurozone ETF and the Emerging Markets ETF! Weakness in the U.S. Dollar contributed to their strength

 

StockTwits released yesterday @EquityClock

India ETN $PIN moved above $24.49 extending an intermediate uptrend.

Blackrock $BLK, an S&P 100 stock moved above $449.97 extending an intermediate uptrend

Norbord $OSB.CA moved above $33.31 extending an intermediate uptrend

Strength in Healthcare stocks today was led by strength in the Hospital Providers ETF $IHF (i.e. hospital stocks). They would benefit from introduction of universal healthcare proposed by several of Democratic party presidential candidates.

 

Trader’s Corner

Equity Indices and related ETFs

Daily Seasonal/Technical Equity Trends for October 17th 2019

Green: Increase from previous day

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Timing the Market

Tech Talk is a free stock market letter service offering free daily reports on equity markets, sectors, commodities and exchangetraded funds. The Web site has recently received an average of 1.6 million hits per month from 130 countries.

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