Equity Clock

Stock Market Outlook for January 27, 2021

We have the list of stocks that have gained in every February over their history of trading.

 

 

 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities.   As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.

Stocks Entering Period of Seasonal Strength Today:

Subscribers – Click on the relevant link to view the full profile. Not a subscriber? Signup here.

Aptargroup, Inc. (NYSE:ATR) Seasonal Chart

Brown & Brown Inc. (NYSE:BRO) Seasonal Chart

Tesla Inc. (NASD:TSLA) Seasonal Chart

Sylogist Ltd. (TSXV:SYZ.V) Seasonal Chart

Renewable Energy Group Inc. (NASD:REGI) Seasonal Chart

 

 

The Markets

Stocks closed mildly lower on Tuesday as investors awaited earnings from sector bellwethers in the days ahead.  The S&P 500 Index declined by just over a tenth of one percent, reversing from new all-time intraday records charted at the high of the session.  Support remains apparent at the rising 20-day moving average, while intermediate downside risks are to the 50-day moving average, now hovering around 3700.

Today, in our Market Outlook to subscribers, we discuss the following:

• Short-term limits of the S&P 500 Index
• Gradual shift towards risk aversion and how long it might last
• Recent underperformance of the Dow Jones Transportation Average versus the Dow Jones Industrial Average and how to play the trend ahead
• US Home Prices and what it means for the economy and equity market

Subscribe now and we’ll send this outlook to you.

Update on the annual refresh of the seasonal chart database: Over the past month, you may have noticed that all of the charts in our database have been updated to reflect the data from the year just past.  As of Friday, we are pleased to announce that our updates are complete and the spreadsheet containing all of the data that goes into our seasonal profiles has been uploaded.  This spreadsheet is a perk to annual subscribers, however, if you are a monthly subscriber and have been with us for over a year, feel free to reach out to us to request a copy.

Along with all of the goodies that you’ve come to expect of this spreadsheet, including two different seasonal holding criteria, we have added the monthly average returns and monthly frequency of gains for each investment.  This was a request from one of our members and we are happy to accommodate.  The inclusion of this data allows for more detailed data mining all from the convenience from a filterable spreadsheet.  The possibilities are endless.  Filter the results down to all the stocks in the market with at least 20 years of data that have gained in at least 80% of Februarys, find all of the stocks that show an optimal holding period that begins in March with strong average returns in April and May, or drill down to all of the stocks that correlate strongly with the period of seasonal strength for the sector in which it is categorized.  We will include the results of some filters that our audience may find of interest in our regular reports.  Annual subscribers can login now and download this new spreadsheet in the “Download” section of the chart database at https://charts.equityclock.com/.  **Note: The password to decrypt the spreadsheet has been updated and is provided on the download page. 

Not subscribed yet?  Visit the following link and signup to the yearly subscription option and you can download the spreadsheet too: https://charts.equityclock.com/subscribe

Here is one screen to get you started:

While we at Equity Clock focus on a three-pronged approach (seasonal, technical, and fundamental analysis) to gain exposure to areas of the market that typically perform well over intermediate (2 to 6 months) timeframes, we know the first thing that readers are going to want to search is those areas that have a 100% frequency of success for a particular month.  Below are the results for February:

*Note: None of the results highlighted above have the 20 years of data that we like to see in order to accurately gauge the the annual recurring, seasonal influences impacting an investment, therefore the reliability of the results should be questioned.  We present the above list as an example of how the spreadsheet can be filtered.  Also note that the majority of the results are fixed income ETFs.

Back to the market, sentiment on Tuesday, as gauged by the put-call ratio, ended bullish at 0.71.

 

 

Seasonal charts of companies reporting earnings today:

 

 

S&P 500 Index

 

 

TSE Composite

Sponsored By...