{"id":163646,"date":"2023-02-14T02:22:00","date_gmt":"2023-02-14T07:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=163646"},"modified":"2023-02-14T08:44:13","modified_gmt":"2023-02-14T13:44:13","slug":"tech-talk-for-tuesday-february-14th-2023","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2023\/02\/14\/tech-talk-for-tuesday-february-14th-2023\/","title":{"rendered":"Tech Talk for Tuesday February 14th 2023"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Tuesday February 14<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were mixed this morning<\/b>. S&amp;P 500 futures were unchanged in pre-opening trade.<\/em><\/p>\n<p><em><b>Index futures moved lower following release of the January Consumer Price Index at 8:30 AM EST.<\/b> Consensus was an increase of 0.4% versus a decline of 0.1% in December. Actual was an increase of 0.5%. On a year-over-year basis, consensus was an increase of 6.2% versus a gain of 6.5% in December. Actual was an increase of 6.4%. Excluding food and energy consensus for January CPI was an increase of 0.3% versus a gain of 0.4% in December. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase of 5.5% versus a gain of 5.7% in December. Actual was an increase of 5.6%.<\/em><\/p>\n<p><em><b>Palantir Technologies added $1.32 to $8.93<\/b> after reporting higher than consensus quarterly earnings.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image0011-6.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\/2023\/02\/clip_image0011_thumb-6.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Avis advanced $7.75 to $228.25<\/b> after reporting higher than consensus quarterly results.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image0021-7.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\/2023\/02\/clip_image0021_thumb-7.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Cadence Design Systems gained $5.80 to $191.50<\/b> after reporting higher than consensus quarterly earnings.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image003-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" 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\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image003_thumb-8.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>Gauges of risk-sentiment in the market at a pivotal point heading into the release of Tuesday\u2019s CPI report<\/strong>\u201d.<\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\/2023\/02\/13\/stock-market-outlook-for-february-14-2023\/\"><em>http:\/\/www.equityclock.com\/2023\/02\/13\/stock-market-outlook-for-february-14-2023\/<\/em><\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p>Thomson Reuters $TRI.TO a TSX 60 stock moved above Cdn$167.53 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image001-8.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\/2023\/02\/clip_image001_thumb-8.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>Wheat ETN $WEAT moved above intermediate resistance at $8.03.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image002-7.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\/2023\/02\/clip_image002_thumb-7.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 Feb.13<sup>th<\/sup> 2023<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image004-7.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\/2023\/02\/clip_image004_thumb-7.png\" width=\"706\" height=\"347\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/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 Feb.13<sup>th<\/sup> 2023<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image006-4.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\/2023\/02\/clip_image006_thumb-4.png\" width=\"704\" height=\"454\" \/><\/a><\/b><\/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>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for Feb.13<sup>th<\/sup> 2023 <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image008-6.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\/2023\/02\/clip_image008_thumb-6.png\" width=\"706\" height=\"474\" \/><\/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>Link offered by a valued provider<\/strong><\/font><\/p>\n<p><strong><font size=\"5\"><\/font><\/strong><\/p>\n<p>\u2018A different animal\u2019: The bear market is \u2018over,\u2019 but that doesn\u2019t unleash bulls to send stocks on a 2023 tear, according to Wells Fargo<\/p>\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/a-different-animal-the-bear-market-is-over-but-that-doesnt-unleash-bulls-to-send-stocks-on-a-2023-tear-according-to-wells-fargo-9e7fb65a?mod=home-page\">https:\/\/www.marketwatch.com\/story\/a-different-animal-the-bear-market-is-over-but-that-doesnt-unleash-bulls-to-send-stocks-on-a-2023-tear-according-to-wells-fargo-9e7fb65a?mod=home-page<\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"4\"><strong>Uranium\u2018s January Jump<\/strong><\/font><\/p>\n<p>BY <strong><em><font size=\"2\">JACOB WHITE<\/font><\/em><\/strong> | FRIDAY, FEBRUARY 10, 2023<\/p>\n<p><a href=\"https:\/\/sprott.com\/insights\/sprott-uranium-report-uranium-s-january-jump\/?utm_source=Insights&amp;utm_medium=insights&amp;utm_medium=email&amp;utm_campaign=uranium_monthly_2023&amp;_cldee=fbrbFNStSngLfxrFwpPrne7BbI0IjjmqsJyu1M90uvP5Rybh8hbg15KG9-VKls18&amp;recipientid=lead-c8f1004a0d97eb11b1ac000d3ae93892-adac01f8557e491684e2b34279f3b82f&amp;esid=d543f8f1-b3ab-ed11-83ff-000d3ae99267\">Sprott Uranium Report: Uranium\u2018s January Jump<\/a><\/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\/2023\/02\/clip_image009-6.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\/2023\/02\/clip_image009_thumb-6.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 6.40 to 72.00. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image010-6.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\/2023\/02\/clip_image010_thumb-6.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer added 1.40 to 72.20. It remains Overbought.<\/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\/2023\/02\/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\/2023\/02\/clip_image011_thumb-8.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 4.66 to 66.95. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/02\/clip_image012-6.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\/2023\/02\/clip_image012_thumb-6.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer was unchanged at 66.53. It remains Overbought.<\/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 Tuesday February 14th U.S. equity index futures were mixed this morning. S&amp;P 500 futures were unchanged in pre-opening trade. Index futures moved lower following release of the January Consumer Price Index at 8:30 AM EST. Consensus was an increase of 0.4% versus a decline of 0.1% in December. Actual was an increase [&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-163646","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/163646","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=163646"}],"version-history":[{"count":0,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/163646\/revisions"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=163646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=163646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=163646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}