The breakdown of the price of Copper is foretelling of a negative backdrop for the economy ahead. Real Time Economic Calendar provided by Investing.com. *** 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. Fifth Third Bancorp (NASD:FITB) Seasonal Chart ProLogis, Inc. (NYSE:PLD) Seasonal Chart Hain Celestial Group, Inc. (NASD:HAIN) Seasonal Chart Group I Automotive Inc. (NYSE:GPI) Seasonal Chart Colfax Corp. (NYSE:CFX) Seasonal Chart The Markets Stocks closed higher on Thursday as portfolio managers rebalanced their books towards those segments that had led the market lower since the year began (eg. technology). The S&P 500 Index closed with a gain of just less than one percent, continuing to show signs of curling higher from the 52-week lows charted in the week prior. Momentum indicators are similarly curling higher in what could amount to a positive divergence compared with price, an indication of waning selling pressures. Today, in our Market Outlook to subscribers, we discuss the following: The setup on the hourly chart of the large-cap benchmark Weekly jobless claims and the health of the labor market Natural gas stockpiles and the logical timeframe to look to become re-involved in the commodity The break of the trend of outperformance for the Canadian market Commodities The downfall of the price of Copper Subscribers can look for this report in their inbox or by clicking on the following link and logging in: Market Outlook for June 24 Not signed up yet? Subscribe now to receive full access to all of the research and analysis that we publish. Sentiment on Thursday, as gauged by the put-call ratio, ended close to neutral at 0.94. Seasonal charts of companies reporting earnings today: S&P 500 Index TSE Composite