Tech Talk for Friday May 9th 2025

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Technical Notes

Nike $NKE a Dow Jones Industrial Average stock moved above $59.20 and $59.55 completing a double bottom pattern.

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S&P 100 and NASDAQ 100 stocks moving above resistance extending intermediate uptrends included General Electric Aerospace $GE on a move above $213.21, Ross Stores $ROST on a move above $144.31, Charles Schwab $SCHB on a move above $84.22, eBay $EBAY on a move above $71.29 and Okta $OKTA on a move above $118.07.

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TSX 60 stocks moving above intermediate resistance extending uptrends included

CCL Industries $CCL.B.TO on a move above Cdn$74.74 and Cdn$75.18, Canadian National Railway $CNR.TO on a move above $140.58, WSP Global $WSP.TO on a move above $264.46 and Thomson Reuters $TRI.TO on a move above $260.45.

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Trader’s Corner

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Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for May 8th 2025

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Green: Increase from previous day

Red: Decrease from previous day

Source for all positive seasonality ratings: www.EquityClock.com

Commodities

Daily Seasonal/Technical Commodities Trends for May 8th 2025

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Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for May 8th 2025

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Green: Increase from previous day

Red: Decrease from previous day

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Top Momentum Stocks to Watch Now (Big Moves Ahead!) Tom Bowley

Top Momentum Stocks to Watch Now (Big Moves Ahead!) – YouTube

Bulls Seek to Recapture 200-Day SMA, U.S. Dollar Retracement Signals

Bulls Seek to Recapture 200-Day SMA, U.S. Dollar Retracement Signals – YouTube

S&P 500 Momentum Barometers

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The intermediate term Barometer advanced 5.80 to 60.80. It changed from Neutral to Overbought. Daily uptrend was extended.

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Long term Barometer added 1.20 to 44.60. It remains Neutral. Daily uptrend was extended.

TSX Momentum Barometers

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The intermediate term Barometer added 2.75 to 70.18. It remains Overbought. Daily uptrend was extended.

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The long term Barometer added 2.29 to 59.17. It remains Neutral. Daily uptrend was extended.

Disclaimer: Seasonality ratings and technical ratings offered in this report and at

www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed.




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