{"id":172837,"date":"2024-01-10T02:22:00","date_gmt":"2024-01-10T07:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=172837"},"modified":"2024-01-10T08:54:54","modified_gmt":"2024-01-10T13:54:54","slug":"tech-talk-for-wednesday-january-10th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/01\/10\/tech-talk-for-wednesday-january-10th-2024\/","title":{"rendered":"Tech Talk for Wednesday January 10th 2024"},"content":{"rendered":"

Pre-opening Comments for Wednesday January 10th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were mixed this morning.<\/b> S&P 500 futures were unchanged at 8:30 AM EST.<\/em><\/p>\n

Lennar <\/b>added $1.65 to $149.81 after the company raised its dividend by 33%. The company also increased its share buyback program to $5 billion.<\/em><\/p>\n

\"clip_image001[1]\"<\/a><\/p>\n

Juniper<\/b> Networks<\/b> another added $0.21 to $37.02 after the company confirmed receipt of a cash offer by Hewlett Packard Enterprises to purchase the company for $40.00 per share. Value of the offer is $14 billion<\/em><\/p>\n

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WD 40<\/b> advanced $13.69 to $250.30 after reporting higher than consensus fiscal first quarter revenues and earnings. <\/em><\/p>\n

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Intuitive Surgical<\/b> gained $17.44 to $348.00 after reporting higher than consensus fourth quarter revenues and earnings.<\/em><\/p>\n

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 <\/p>\n

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

Shopify<\/b> $SHOP.TO a TSX 60 stock moved above Cdn$106.86 extending an intermediate uptrend. <\/p>\n

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Strength in Shopify was the main reason why S&P\/TSE Information Technology iShares<\/b> $XIT.TO moved above Cdn$52.22 extending an intermediate uptrend.<\/p>\n

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Visa<\/b> $V a Dow Jones Industrial Average stock moved above $263.25 to an all-time high extending an intermediate uptrend. <\/p>\n

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Gilead<\/b> $GILD a NASDAQ 100 stock moved above $85.97 to an eight year high extending an intermediate uptrend. <\/p>\n

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Disney <\/b>$DIS a Dow Jones Industrial Average stock moved below $89.64 completing a double top pattern.<\/p>\n

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Uranium ETN $URA moved above $28.55 to a 10 year high extending an intermediate uptrend.<\/p>\n

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 <\/p>\n

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

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

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

Daily Seasonal\/Technical Equity Trends for Jan.9th<\/sup> 2024<\/p>\n

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

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

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

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

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

Daily Seasonal\/Technical Commodities Trends for Jan 9th<\/sup> 2024<\/p>\n

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

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

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

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

Daily Seasonal\/Technical Sector Trends for Jan.9th<\/sup> 2024<\/p>\n

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

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

 <\/p>\n

Links offered by a Valued Provider<\/strong><\/font><\/p>\n

Don’t Make This Mistake – STOP BUYING GOLD! Tom Bowley<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=6ZpFH2DmmZI<\/a><\/p>\n

 <\/p>\n

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

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The intermediate term Barometer dropped 4.40 to 86.80. It remains Overbought. Daily data has turned down. <\/p>\n

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The long term Barometer slipped 0.80 to 77.20. It remains Overbought.<\/p>\n

 <\/p>\n

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

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The intermediate term Barometer dropped 2.67 to 75.22. It remains Overbought.<\/p>\n

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The long term Barometer was unchanged at 59.56. It remains Neutral.<\/p>\n

<\/b><\/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 Wednesday January 10th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EST. Lennar added $1.65 to $149.81 after the company raised its dividend by 33%. The company also increased its share buyback program to $5 billion. Juniper Networks another added $0.21 to $37.02 after […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-172837","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/172837","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=172837"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/172837\/revisions"}],"predecessor-version":[{"id":172847,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/172837\/revisions\/172847"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=172837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=172837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=172837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}