{"id":161291,"date":"2022-11-22T02:22:00","date_gmt":"2022-11-22T07:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=161291"},"modified":"2022-11-22T08:45:12","modified_gmt":"2022-11-22T13:45:12","slug":"tech-talk-for-tuesday-november-22nd-2022","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2022\/11\/22\/tech-talk-for-tuesday-november-22nd-2022\/","title":{"rendered":"Tech Talk for Tuesday November 22nd 2022"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Tuesday November 22<sup>nd<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning<\/b>. S&amp;P 500 futures were up 13 points in pre-opening trade. <\/em><\/p>\n<p><em><b>The Canadian Dollar was virtually unchanged at US74.60 cents following release of Canada\u2019s September Retail Sales report at 8:30 AM EST<\/b>. Consensus was an decrease of 0.5% versus a gain of 0.7% in September. Actual was a decrease of 0.5%. <\/em><\/p>\n<p><em><b>Dell Computer $DELL advanced $1.83 to $42.90<\/b> after reporting higher than consensus third quarter earnings. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0011-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[1]\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image001[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0011_thumb-9.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Zoom $ZM dropped $2.83 to $77.43<\/b> after lowering fiscal third quarter guidance. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0021-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[1]\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image002[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0021_thumb-9.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Agilent Technologies $A added $5.86 to $151.00<\/b> after reporting higher than consensus fiscal fourth quarter results. The company also offered positive guidance. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0031-7.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[1]\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image003[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0031_thumb-7.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Best Buy $BBY advanced $5.16 to $75.99<\/b> after reporting higher than consensus fiscal third quarter results.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0041-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004[1]\" style=\"border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px\" border=\"0\" alt=\"clip_image004[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0041_thumb-9.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>&#160;<\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Daily Comment<\/strong><\/font><\/em><\/p>\n<p>&#160;<\/p>\n<p><em>Headline reads \u201c<strong>The risk to the overwhelming positive bias for stocks suggested of pre-election years remains the onset of an economic recession<\/strong>\u201d.<\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\/2022\/11\/19\/stock-market-outlook-for-november-21-2022\/\"><em>http:\/\/www.equityclock.com\/2022\/11\/19\/stock-market-outlook-for-november-21-2022\/<\/em><\/a><\/p>\n<p><em><\/em><\/p>\n<p><font size=\"5\"><strong>Technical Notes for Yesterday<\/strong><\/font><\/p>\n<p>Pepsico $PEP an S&amp;P 100 stock moved above $183.58 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image001-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image001_thumb-14.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>Monster Beverage $MNST a NASDAQ 100 stock moved above $100.47 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image002-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image002\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image002_thumb-14.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>Travelers $TRV a Dow Jones Industrial Average stock moved above $185.93 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image003-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image003_thumb-14.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>Seagen $SGEN a NASDAQ 100 stock moved below $124.57 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image004-12.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image004_thumb-12.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>Trader\u2019s Corner<\/strong><\/font><\/p>\n<p><strong><font size=\"5\"><\/font><\/strong><\/p>\n<p><font size=\"4\"><strong>Equity Indices and Related ETFs<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Equity Trends for November 21<sup>st<\/sup> 2022<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image006-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image006\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image006\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image006_thumb-9.png\" width=\"706\" height=\"348\" \/><\/a><\/p>\n<p><em>Green: Increase from previous day<\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p>&#160;<\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for November 21<sup>st<\/sup> 2022<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image008-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image008\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image008\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image008_thumb-9.png\" width=\"706\" height=\"454\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p>&#160;<\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for November 21<sup>st<\/sup> 2021 <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image010-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image010\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image010\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image010_thumb-9.png\" width=\"706\" height=\"478\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>S&amp;P 500 Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image011-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image011\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image011\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image011_thumb-8.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 0.60 to 83.60. It remains Overbought. Trend remains up.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image012-11.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image012\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image012\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image012_thumb-11.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer added 0.20 to 56.40. It remains Neutral. Trend remains up.<\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>TSX Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image013-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image013\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image013\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image013_thumb-8.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 1.27 to 72.46. It remains Overbought. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image014-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image014\" style=\"border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; padding-top: 0px; padding-left: 0px; display: inline; padding-right: 0px; border-top-width: 0px\" border=\"0\" alt=\"clip_image014\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image014_thumb-8.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer added 1.27 to 44.92. It remains Neutral. <\/p>\n<p>&#160;<\/p>\n<p><em><b>Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at<\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\"><em>www.equityclock.com<\/em><\/a><em> 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<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pre-opening Comments for Tuesday November 22nd U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 13 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US74.60 cents following release of Canada\u2019s September Retail Sales report at 8:30 AM EST. Consensus was an decrease of 0.5% versus a gain of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-161291","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/161291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/comments?post=161291"}],"version-history":[{"count":0,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/161291\/revisions"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=161291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=161291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=161291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}