Equity Clock

Stock Market Outlook for September 16, 2021

More reason to be optimistic of the stocks with exposure to the manufacturing economy this fall.

 

 

 

*** 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.

Paychex, Inc. (NASD:PAYX) Seasonal Chart

CGI Group, Inc. (TSE:GIB/A.TO) Seasonal Chart

Autozone Inc. Nevada (NYSE:AZO) Seasonal Chart

Urbana Corp. (TSE:URB/A.TO) Seasonal Chart

General Motors Co. (NYSE:GM) Seasonal Chart

China Automotive Systems Inc. (NASD:CAAS) Seasonal Chart

HireQuest Inc. (NASD:HQI) Seasonal Chart

iShares Global Water Index ETF (TSE:CWW.TO) Seasonal Chart

Air T, Inc. (NASD:AIRT) Seasonal Chart

PIMCO Dynamic Income Fund (NYSE:PDI) Seasonal Chart

iShares MSCI USA Size Factor ETF (AMEX:SIZE) Seasonal Chart

 

 

The Markets

Stocks drifted higher on Wednesday as the bulls were able to rally the troops to defend intermediate support at the rising 50-day moving average.  The S&P 500 Index gained just over eight-tenths of one percent, bouncing from support at the aforementioned hurdle.  Short-term resistance at the 20-day moving average at 4485 remained intact, presenting the battle ground between the bulls and the bears between the two variable lines.

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

• The weakest time of the year for stocks
• US Industrial Production: What is driving the trends and how we desire to take advantage this fall
• Empire State Manufacturing Survey
• US Petroleum Status, the price of oil, and how we are benefiting from the recent rise in the energy sector
• Canadian Consumer Price Index (CPI)

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

Sentiment on Wednesday, as gauged by the put-call ratio, ended bullish at 0.85.

 

 

Seasonal charts of companies reporting earnings today:

• No significant earnings scheduled for today

 

 

S&P 500 Index

 

 

TSE Composite

Sponsored By...