{"id":165198,"date":"2023-04-11T02:22:00","date_gmt":"2023-04-11T06:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=165198"},"modified":"2023-04-11T08:42:30","modified_gmt":"2023-04-11T12:42:30","slug":"tech-talk-for-tuesday-april-11th-2023","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2023\/04\/11\/tech-talk-for-tuesday-april-11th-2023\/","title":{"rendered":"Tech Talk for Tuesday April 11th 2023"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Tuesday April 11<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 at 8:30 AM EDT.<\/em><\/p>\n<p><em><b>Brookdale Senior Living<\/b> gained $$0.26 to $3.24 after the company raised guidance.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image0011-3.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\/04\/clip_image0011_thumb-3.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Tilray dropped 0.12 to Cdn$2.62<\/b> after reporting a third quarter loss of $1.90 per share. The company also announced purchase of Hexo for Cdn$56 million.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image002-5.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\/2023\/04\/clip_image002_thumb-5.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>CarMax gained $5.17 to $71.03<\/b> after reporting higher than consensus fourth quarter results.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image0031-3.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\/2023\/04\/clip_image0031_thumb-3.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p><em><b>Devon Energy added $.08 to $53.47<\/b> after Truist raised its target price from $70 to $87.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image004-5.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" 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\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image004_thumb-5.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>Evidence suggests that the trends of employment are normalizing following the abnormally mild winter that helped to support activity in January and February\u201d<\/strong>.<\/em><\/p>\n<p><a href=\"http:\/\/www.equityclock.com\/2023\/04\/10\/stock-market-outlook-for-april-11-2023\/\"><em>http:\/\/www.equityclock.com\/2023\/04\/10\/stock-market-outlook-for-april-11-2023\/<\/em><\/a><\/p>\n<p><em><\/em><\/p>\n<p><em><font size=\"5\"><strong>Canadian Association for Technical Analysis Event<\/strong><\/font><\/em><\/p>\n<p><em>Next CATA presentation is offered tonight at 8:00 PM EDT. Speaker is <strong><font size=\"2\">Tom Bowley<\/font><\/strong> from <\/em><a href=\"http:\/\/www.StockCharts.com\"><em>www.StockCharts.com<\/em><\/a><em> . Everyone is welcome. Not a member of CATA? More information is available at <\/em><a href=\"https:\/\/www.canadianata.ca\/content.aspx?page_id=0&amp;club_id=71614\"><em>Home &#8211; Canadian Association for Technical Analysis (canadianata.ca)<\/em><\/a><\/p>\n<p>&#160;<\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p>Lockheed Martin $LMT an S&amp;P 100 stock moved above $495.83 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image001-5.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\/04\/clip_image001_thumb-5.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 April 10<sup>th<\/sup> 2023<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image003-5.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\/2023\/04\/clip_image003_thumb-5.png\" width=\"706\" height=\"347\" \/><\/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>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for April 10<sup>th<\/sup> 2023<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image005-2.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\/2023\/04\/clip_image005_thumb-2.png\" width=\"701\" height=\"449\" \/><\/a><\/b><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<b><\/b><\/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 April 10<sup>th<\/sup> 2023 <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image007-1.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\/2023\/04\/clip_image007_thumb-1.png\" width=\"706\" height=\"474\" \/><\/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><em><\/em><\/p>\n<p><em><strong>Source for positive seasonal ratings: <\/strong><\/em><a href=\"http:\/\/www.equityclock.com\"><em><strong>www.equityclock.com<\/strong><\/em><\/a><\/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>Return Of The Mega Caps Follow Up | <strong><em><font size=\"2\">Greg Harmon<\/font><\/em><\/strong>, CMT | Your Daily Five (04.10.23)<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=vo9oVBpu2_E\">Return Of The Mega Caps Follow Up | Greg Harmon, CMT | Your Daily Five (04.10.23) \u2013 YouTube<\/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\/04\/clip_image008-5.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\/04\/clip_image008_thumb-5.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 5.00 to 49.00. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image009.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\/04\/clip_image009_thumb.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer added 0.80 to 57.60 yesterday. It remains Neutral.<\/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\/04\/clip_image010-5.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\/04\/clip_image010_thumb-5.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 1.72 to 51.50 yesterday. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2023\/04\/clip_image011-1.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\/04\/clip_image011_thumb-1.png\" width=\"464\" height=\"288\" \/><\/a><\/p>\n<p>The long term Barometer added 0.86 to 63.95 yesterday. It remains Overbought.<\/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 April 11th U.S. equity index futures were mixed this morning. S&amp;P 500 futures were unchanged at 8:30 AM EDT. Brookdale Senior Living gained $$0.26 to $3.24 after the company raised guidance. Tilray dropped 0.12 to Cdn$2.62 after reporting a third quarter loss of $1.90 per share. The company also announced purchase [&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-165198","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/165198","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=165198"}],"version-history":[{"count":0,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/165198\/revisions"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=165198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=165198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=165198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}