{"id":171756,"date":"2023-11-29T22:19:17","date_gmt":"2023-11-30T03:19:17","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=171756"},"modified":"2023-11-30T08:52:02","modified_gmt":"2023-11-30T13:52:02","slug":"tech-talk-for-thursday-november-30th-2023","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2023\/11\/29\/tech-talk-for-thursday-november-30th-2023\/","title":{"rendered":"Tech Talk for Thursday November 30th 2023"},"content":{"rendered":"

Pre-opening Comments for Thursday November 30th<\/sup><\/font><\/strong><\/em><\/p>\n

U.S .index futures were higher this morning<\/b>. S&P 500 futures added 14 points at 8:35 AM EST<\/em><\/p>\n

Index futures were unchanged following release of the October Core PCE Price Index at 8:30 AM EST.<\/b> Consensus was an annual increase of 3.5% versus 3.7% in September. Actual was an increase of 3.5%<\/em><\/p>\n

Salesforce.com<\/b> advanced $16.96<\/em> to $247.40 after reporting higher than consensus third quarter results.<\/em><\/p>\n

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La Z Boy<\/b> gained $1.30 to $33.10 after reporting higher than consensus second quarter results. The company also raised its dividend.<\/em><\/p>\n

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Snowflake<\/b> added $12.98 to $188.30 after reporting higher than consensus third quarter revenues and earnings.<\/em><\/p>\n

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Pure Storage<\/b> dropped $5.82 to $32.11 after lowering fourth quarter guidance. <\/em><\/p>\n

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 <\/p>\n

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

Headline reads \u201cThe trend of shipping activity in the US continues to get worse<\/strong>\u201d.<\/em><\/p>\n

https:\/\/equityclock.com\/2023\/11\/28\/stock-market-outlook-for-november-29-2023\/<\/em><\/a><\/p>\n

 <\/p>\n

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

S&P 500 SPDRs $SPY moved above $457.82 extending an intermediate uptrend. <\/p>\n

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Financial SPDRs $XLF moved above $35.55 extending an intermediate uptrend.<\/p>\n

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India ETF $PIN moved above $24.25 extending an intermediate uptrend. Testing its all-time high at $24.57!<\/p>\n

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Taiwan iShares $EWT moved above $49.05 extending an intermediate uptrend. <\/p>\n

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S&P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included Ford, General Motors, Workday, Salesforce.com and Nike.<\/p>\n

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 <\/p>\n

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

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

Daily Seasonal\/Technical Equity Trends for Nov.29th<\/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.29th<\/sup> 2023<\/p>\n

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

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

 <\/p>\n

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

Daily Seasonal\/Technical Sector Trends for November 29th<\/sup> 2023 <\/p>\n

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

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

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

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

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

Are Rate Cuts on the Horizon? Watch the Jobless Claims. | Halftime by Chaikin Analytics <\/b><\/p>\n

Are Rate Cuts on the Horizon? Watch the Jobless Claims. | Halftime by Chaikin Analytics (11.29.23) \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

Follow This Powerful Seasonal Playbook in an Election Year | The Final Bar (11.29.23)<\/b><\/p>\n

Follow This Powerful Seasonal Playbook in an Election Year | The Final Bar (11.29.23) \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

S&P 500 Momentum Barometers<\/strong><\/font><\/p>\n

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The intermediate term Barometer added 0.20 to 76.60. It remains Overbought. Daily trend remains up.<\/p>\n

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The long term Barometer added 1.60 to 59.60. It remains Neutral. Daily trend remains up.<\/p>\n

 <\/p>\n

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

<\/strong>\"clip_image015\"<\/a><\/font><\/a><\/a><\/p>\n

The intermediate term Barometer added 2.64 to 64.76. It remains Overbought. Daily trend resumed an uptrend.<\/p>\n

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The long term Barometer slipped 0.44 to 46.70. 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 Thursday November 30th U.S .index futures were higher this morning. S&P 500 futures added 14 points at 8:35 AM EST Index futures were unchanged following release of the October Core PCE Price Index at 8:30 AM EST. Consensus was an annual increase of 3.5% versus 3.7% in September. Actual was an increase […]<\/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-171756","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/171756","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=171756"}],"version-history":[{"count":0,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/171756\/revisions"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=171756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=171756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=171756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}