Seasonal Charts Of Companies Reporting Earnings

Upcoming US Events for Today:

1. Weekly Jobless Claims will be released at 8:30am. The market expects Initial Claims to show 305K versus 284K previous.
2. Employment Cost Index for the Second Quarter will be released at 8:30am. The market expects a quarter-over-quarter increase of 0.5% versus an increase of 0.3% previous.
3. Chicago PMI for July will be released at 9:45am. The market expects 63.2 versus 62.6 previous.

Upcoming International Events for Today:

1. German Unemployment Rate for June will be released at 3:50am EST. The market expects 6.7%, consistent with the previous report.
2. Euro-Zone Flash CPI for July will be released at 5:00am EST. The market expects a year-over-year increase of 0.5%, consistent with the previous report.
3. Euro-Zone Unemployment Rate for June will be released at 5:00am EST. The market expects 11.6%, consistent with the previous report.
4. Canadian Monthly GDP for May will be released at 8:30am EST. The market expects a month-over-month increase of 0.3% versus an increase of 0.1% previous.
5. China Manufacturing PMI for July will be released at 9:00pm EST.
6. Japan Manufacturing PMI for July will be released at 9:35pm EST.
7. HSBC China Manufacturing PMI for July will be released at 9:45pm EST. The market expects 51.9 versus 52.0 previous.

The Markets

No further commentary will be offered today. Be sure to tune into BNN’s Market Call this afternoon at 1:00pm – I will be taking your calls on Seasonal Investing and Technical Analysis.

Seasonal charts of companies reporting earnings today:

Sentiment on Wednesday, as gauged by the put-call ratio, ended bullish at 0.96.

S&P 500 Index

TSE Composite

Horizons Seasonal Rotation ETF (TSX:HAC)

• Closing Market Value: $14.64 (down 0.34%)
• Closing NAV/Unit: $14.64 (down 0.28%)

Performance*

* performance calculated on Closing NAV/Unit as provided by custodian