{"id":171599,"date":"2023-11-24T02:22:00","date_gmt":"2023-11-24T07:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=171599"},"modified":"2023-11-24T09:04:48","modified_gmt":"2023-11-24T14:04:48","slug":"tech-talk-for-friday-november-24th-2023","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2023\/11\/24\/tech-talk-for-friday-november-24th-2023\/","title":{"rendered":"Tech Talk for Friday November 24th 2023"},"content":{"rendered":"

Pre-opening Comments for Friday November 24th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were mixed this morning.<\/b> S&P 500 futures were unchanged at 8:35 AM EST.<\/em><\/p>\n

Today is Black Friday<\/b>, the day historically when annual profits by U.S. retailers turn from \u201cred \u201cto \u201cblack\u201d.<\/em><\/p>\n

The Canadian Dollar added $0.14 to US73.15 following release of Canada\u2019s September Retail Sales<\/b>. Consensus was unchanged versus a decline of 0.1% in August. Actual was an increase of 0.6%<\/em><\/p>\n

iRobot<\/b> advanced $8.96 to $38.78 in anticipation of European Union antitrust approval of its takeover by Amazon.<\/em><\/p>\n

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General Motors<\/b> added $0.08 to 438.78 after announcing that its Cruise division plans to restart a test of its robotaxi service in a U.S. city.<\/em><\/p>\n

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NVidia <\/b>slipped $3.42 to $483.75 after the company announced delay in launch of one of its new artificial intelligence chips destined for China.<\/em><\/p>\n

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<\/em><\/p>\n

EquityClock\u2019s Daily Comment<\/strong><\/font><\/em><\/p>\n

Headline reads \u201cGold mining ETF carving out a head-and-shoulders bottoming pattern ahead of its period of seasonal strength<\/strong>\u201d.<\/em><\/p>\n

https:\/\/equityclock.com\/2023\/11\/22\/stock-market-outlook-for-november-24-2023\/<\/em><\/a><\/p>\n

Technical Notes<\/strong><\/font><\/p>\n

Nil<\/p>\n

 <\/p>\n

Trader\u2019s Corner<\/strong><\/font><\/p>\n

<\/font><\/strong><\/p>\n

Equity Indices and Related ETFs<\/font><\/p>\n

Daily Seasonal\/Technical Equity Trends for Nov.23rd<\/sup> 2023<\/p>\n

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Green: Increase from previous day<\/em><\/p>\n

Red: Decrease from previous day<\/em><\/p>\n

Source for all positive seasonality ratings: <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

 <\/p>\n

Commodities<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Commodities Trends for Nov.23rd<\/sup> 2023<\/p>\n

\"clip_image004\"<\/a><\/b> <\/b><\/p>\n

Green: Increase from previous day<\/em><\/p>\n

Red: Decrease from previous day<\/em><\/p>\n

<\/em><\/p>\n

Sectors<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Sector Trends for November 23rd<\/sup> 2023 <\/p>\n

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Green: Increase from previous day<\/em><\/p>\n

Red: Decrease from previous day<\/font><\/em><\/p>\n

 <\/p>\n

Links offered by valued providers<\/strong><\/font><\/p>\n

<\/font><\/strong><\/p>\n

Breadth Analysis Suggests Pullback From S&P 4600 | The Final Bar (11.22.23)<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=uKu48tQbRZ0<\/a><\/p>\n

 <\/p>\n

Gold Is at Inflection Point, Hard Landing Is Coming: These Charts Tell You Everything \u2013 Tavi Costa<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=87NnwvN0h-c<\/a><\/p>\n

 <\/p>\n

TSX Momentum Barometers<\/strong><\/font><\/p>\n

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The intermediate term Barometer slipped another 0.44 to 59.03. It remains Neutral.<\/p>\n

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The long term Barometer added 0.88 to 44.05. It remains Neutral.<\/p>\n

 <\/p>\n

Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at<\/em><\/p>\n

www.equityclock.com<\/em><\/a> 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":"

Pre-opening Comments for Friday November 24th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EST. Today is Black Friday, the day historically when annual profits by U.S. retailers turn from \u201cred \u201cto \u201cblack\u201d. The Canadian Dollar added $0.14 to US73.15 following release of Canada\u2019s September Retail Sales. […]<\/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-171599","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/171599","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=171599"}],"version-history":[{"count":0,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/171599\/revisions"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=171599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=171599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=171599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}