{"id":161403,"date":"2022-11-25T02:22:00","date_gmt":"2022-11-25T07:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=161403"},"modified":"2022-11-25T08:59:20","modified_gmt":"2022-11-25T13:59:20","slug":"tech-talk-for-friday-november-25th-2022","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2022\/11\/25\/tech-talk-for-friday-november-25th-2022\/","title":{"rendered":"Tech Talk for Friday November 25th 2022"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday November 25<sup>th<\/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 6 points in pre-opening trade. <\/em><\/p>\n<p><b><em>U.S. equity markets close today at 1:00 PM EST.<\/em><\/b><\/p>\n<p><b><em>Peoples Bank of China has lowered its lending rate to major Chinese banks by 0.25%.<\/em><\/b><\/p>\n<p><em><b>Activision Blizzard dropped $2.59 to $74.00<\/b> on reports that the Federal Trade Commission may launch an anti-trust lawsuit against Microsoft\u2019s propose acquisition of the company. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image0011-11.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-11.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Deere slipped $0.09 to $437.43<\/b> despite JP Morgan\u2019s target increase from $415 to $440.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image002-17.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" 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\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image002_thumb-17.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><em>Headline reads \u201c<strong>A spike in jobless claims in the past week provides reason for concern, but not necessarily reason for panic, yet<\/strong>\u201d.<\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\/2022\/11\/23\/stock-market-outlook-for-november-25-2022\/\"><em>http:\/\/www.equityclock.com\/2022\/11\/23\/stock-market-outlook-for-november-25-2022\/<\/em><\/a><\/p>\n<p><em><\/em><\/p>\n<p><font size=\"5\"><strong>Technical Note for Yesterday<\/strong><\/font><\/p>\n<p>Canadian National Railway $CNR.TO a TSX 60 stock moved above Cdn$169.80 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image001-17.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-17.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 24<sup>th<\/sup> 2022<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image003-17.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-17.png\" width=\"706\" height=\"347\" \/><\/a><\/p>\n<p><em>Green: Increase from previous day<\/em><\/p>\n<p><em>Red: Decrease from previous day<\/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 24<sup>th<\/sup> 2022<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image005-10.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image005\" 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_image005\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image005_thumb-10.png\" width=\"706\" height=\"454\" \/><\/a><\/p>\n<p><em>Green: Increase from previous day<\/em><\/p>\n<p><em>Red: Decrease from previous day<\/em><\/p>\n<p><em><\/em><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for November 24<sup>th<\/sup> 2021 <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image007-10.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image007\" 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_image007\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image007_thumb-10.png\" width=\"706\" height=\"479\" \/><\/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><em><\/em><\/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_image008-12.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-12.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.39 to 81.36. It remains Overbought. Trend remains up.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image009-11.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image009\" 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_image009\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2022\/11\/clip_image009_thumb-11.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer was unchanged at 52.54. It remains Neutral. <\/p>\n<p><b><\/b><\/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 Friday November 25th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 6 points in pre-opening trade. U.S. equity markets close today at 1:00 PM EST. Peoples Bank of China has lowered its lending rate to major Chinese banks by 0.25%. Activision Blizzard dropped $2.59 to $74.00 on [&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-161403","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/161403","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=161403"}],"version-history":[{"count":0,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/161403\/revisions"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=161403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=161403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=161403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}