One of the weakest June changes in employment for a non-recessionary period in the past four decades highlights a slowing of the labor market.

*** 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:

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Alimentation Couche-Tard, Inc. (TSE:ATD.TO) Seasonal Chart

Laureate Education, Inc. (NASD:LAUR) Seasonal Chart

BMO Canadian High Dividend Covered Call ETF (TSE:ZWC.TO) Seasonal Chart

Essential Properties Realty Trust, Inc. (NYSE:EPRT) Seasonal Chart

Equitable Holdings, Inc. (NYSE:EQH) Seasonal Chart

Pfizer, Inc. (NYSE:PFE) Seasonal Chart

iShares S&P/TSX Capped Financials Index ETF (TSE:XFN.TO) Seasonal Chart

Toronto Dominion Bank (NYSE:TD) Seasonal Chart

PennyMac Financial Services, Inc. (NYSE:PFSI) Seasonal Chart

CDW Corp. (NASD:CDW) Seasonal Chart

General Dynamics Corp. (NYSE:GD) Seasonal Chart

SPDR S&P Dividend ETF (NYSE:SDY) Seasonal Chart

 

Super Simple Seasonal Portfolio

The Markets

Stocks traded around the flatline on Tuesday as investors digested ongoing tariff developments, while holding the tape steady during this summer rally period.   The S&P 500 Index closed lower by just less than a tenth of one percent, continuing to peel back from the all-time high that was charted prior to the Independence Day holiday on Thursday. Support at the cloud of major moving averages remains well defined, including the 20-day moving average (6097), a variable hurdle that has been unviolated throughout the bull-market rally from the April lows.  Until some of the implied levels of support start to crack, this market still has the appearance of having an easier ability to excel above levels of resistance than to fail below levels of support.  Our list of candidates in the market that are worthy to Accumulate or Avoid continues to be appropriately positioned, keeping investors tuned into those segments of the market that are working in such areas as in the Technology, Communication Services, Financials, and Utilities sectors.

Seasonal charts of companies reporting earnings today:

 

S&P 500 Index

TSE Composite