You're receiving this newsletter because you are subscribed to Equity Clock.
Having trouble viewing this email? View in your browser.
Equity Clock - Market Outlook for May 12, 2025
Sentiment has corrected the bearish excesses that made it ideal to push back on (buy into) earlier in April, leaving the market in a less stable position that it has been in over the past month.
*** 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.
This content is exclusive to subscribers of EquityClock.com. Please Log In or Subscribe to proceed.
The Markets
Stocks drifted around the flatline on Friday as investors braced for any news that may come out over the weekend when trade representatives between the US and China meet in Switzerland. The S&P 500 Index shed just less than a tenth of one percent, continuing to show reaction to a point of horizontal resistance at 5650. The 200-day moving average remains overhead and the consecutive doji indecision candlesticks charted during the past two sessions hints that traders are paying attention to the hurdle. There remains an implied cap over this market in the range between 5500 and 5800, corresponding with the span of the cloud of major moving averages that was broken in March, that would likely require a catalyst to break (eg. progress towards a trade deal with China); without one, look for the sellers to step in around this zone. We were enticed to use the strength through the start of May to start legging out of equity allocations heading into the offseason for stocks that begins at this time of year as we brace for the next evolution of the intermediate-term trend in the market that is still leaning negative. We continue to monitor the potential impact of the rotation in the market on our list of candidates in the market to Accumulate and to Avoid, but we have found rotation/buying candidates in recent weeks amidst this market tumult.
This content is exclusive to subscribers of EquityClock.com. Please Log In or Subscribe to proceed.
Seasonal charts of companies reporting earnings today:
S&P 500 Index
TSE Composite
If you wish to be excluded from this distribution, simply reply to this email requesting to have your email removed from our list or click on the following link: **Note: You will continue to have access to our reports so long as your subscription at Equity Clock remains active. To manage your subscription to our service, visit the Members Section at https://charts.equityclock.com/members
