Tech Talk for Friday July 11th 2025

Daily Reports Add comments

Michael Campbell’s Money Talks

Don Vialoux is a guest on the July 12th show to be released at 8:30 AM Pacific time on Saturday. Topic is “North American Equity Markets Outlook for remainder of 2025”. After the show is released, click on

https://mikesmoneytalks.ca/category/mikes-content/complete-show/

Technical Notes

S&P Equal Weight 500 ETF (RSP) moved above $185.85 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until the end of July. See seasonal chart at www.equityclock.com

clip_image001

Southern Companies (SO) an S&P 100 stock moved above $92.87 to an all-time high.

clip_image002

Metals & Mining SPDRs (XME) moved above $70.23 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until the end of July. See seasonal chart at www.equityclock.com

clip_image003

BHP one of the world’s largest base metals producers moved above $51.05 and $51.48 completing a reverse Head & Shoulders pattern.

clip_image004

Amex Biotech ETF (FBT) moved above $162.08 extending an intermediate uptrend.

clip_image005

West Fraser Timber (WFB.TO) Canada’s largest forest product company moved above $US$77.86 completing a base building pattern. Other Canadian forest product stocks also moved significantly higher including Canfor (CFP.TO) and Interfor (IFP.TO). Interfor completed a double bottom pattern on a move above Cdn$13.67. Seasonal influences for the group are favourable until the end of August. See seasonality chart for each at www.EquityClock.com

clip_image006

Trader’s Corner

clip_image008

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for July 10th 2025

clip_image010

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 July 10th 2025

clip_image012

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for July 10th 2025

clip_image014

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Morgan Stanley’s Mike Wilson: A weaker dollar is an under-appreciated tailwind for stocks

Morgan Stanley’s Mike Wilson: A weaker dollar is an under-appreciated tailwind for stocks – YouTube

Jeff deGraaf: Don’t think there’s too much market complacency

Jeff deGraaf: Don’t think there’s too much market complacency – YouTube

Small Caps Are Rotating In — Here’s Why It Matters

Small Caps Are Rotating In — Here’s Why It Matters – YouTube

Fairlead’s Katie Stockton on market bounce from April lows and where we could still see a breakout

Fairlead’s Katie Stockton on market bounce from April lows and where we could still see a breakout – YouTube

‘Huge tailwind’ for copper likely to continue as tariff threat looms: strategist

https://www.bnnbloomberg.ca/investing/commodities/2025/07/09/huge-tailwind-for-copper-likely-to-continue-as-tariff-threat-looms-strategist/

Expect summer rally with correction in September: Thorne

https://www.bnnbloomberg.ca/video/shows/the-close/2025/07/10/expect-summer-rally-with-correction-in-september-thorne/

Editor’s Note: Call on North American equity markets is similar to Tech Talk’s call

S&P 500 Momentum Barometers

clip_image015

The intermediate term Barometer added 0.40 to 74.80. It remains Overbought.

clip_image016

The long term Barometer added 1.80 to 64.40. It remains Overbought.

TSX Momentum Barometers

clip_image017

The intermediate term Barometer dropped 2.35 to 81.69. It remains Overbought. Daily downtrend has resumed.

clip_image018

The long term Barometer added 0.94 to 80.75. It remains Overbought.

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.




Leave a Reply

Entries RSS Comments RSS Log in