Equity Clock

Stock Market Outlook for October 25, 2021

 

*** 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.

Dillards Inc (NYSE:DDS) Seasonal Chart

Fiserv, Inc. (NASD:FISV) Seasonal Chart

PacWest Bancorp (NASD:PACW) Seasonal Chart

Magellan Health Services, Inc. (NASD:MGLN) Seasonal Chart

LendingTree, Inc. (NASD:TREE) Seasonal Chart

Morningstar Inc. (NASD:MORN) Seasonal Chart

ON Semiconductor Corp. (NASD:ON) Seasonal Chart

Mosaic Co. (NYSE:MOS) Seasonal Chart

Direxion NASDAQ-100 Equal Weighted Index Shares (AMEX:QQQE) Seasonal Chart

Comcast Corp. (NASD:CMCSA) Seasonal Chart

Comerica, Inc. (NYSE:CMA) Seasonal Chart

Hormel Foods Corp. (NYSE:HRL) Seasonal Chart

Kaiser Aluminum Corp. (NASD:KALU) Seasonal Chart

21st Century Fox Inc. (NASD:FOXA) Seasonal Chart

Cree, Inc. (NASD:CREE) Seasonal Chart

ProAssurance Corp. (NYSE:PRA) Seasonal Chart

Viad Corp. (NYSE:VVI) Seasonal Chart

Radware Ltd. (NASD:RDWR) Seasonal Chart

TIM S.A (NYSE:TIMB) Seasonal Chart

iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSE:IAI) Seasonal Chart

SPDR S&P 500 Value ETF (NYSE:SPYV) Seasonal Chart

 

The Markets

Stocks closed mixed on Friday following disappointing earnings from Snap (SNAP) and Intel (INTC) that had investors pull back exposure to the technology and communication services sectors.  The S&P 500 Index closed down by a mere tenth of one percent, remaining within arm’s reach of the record high that was charted in the session prior.  Resistance around the former market peak charted around the start of September at 4545 is being hinted as upside momentum shows early signs of waning.  Support at the 20 and 50-day moving averages can now be seen at 4412 and 4445, respectively.  A pause/digestion into the end of the month has been anticipated before the next shot at an upside momentum burst is realized into the month of November.

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

• Weekly look at the large-cap benchmark
• New all-time highs for the S&P 500 Equally Weighted Index and the optimal holding period for the benchmark
• Tracking the spread of COVID against the seasonal norm for respiratory illnesses
• Canada Retail Sales and the upcoming trade in retail stocks
• Clean energy stocks

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

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

 

 

Seasonal charts of companies reporting earnings today:

 

S&P 500 Index

 

 

TSE Composite

Sponsored By...