{"id":173179,"date":"2024-01-23T02:22:00","date_gmt":"2024-01-23T07:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=173179"},"modified":"2024-01-23T08:46:32","modified_gmt":"2024-01-23T13:46:32","slug":"tech-talk-for-tuesday-january-23rd-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/01\/23\/tech-talk-for-tuesday-january-23rd-2024\/","title":{"rendered":"Tech Talk for Tuesday January 23rd 2024"},"content":{"rendered":"

Pre-opening Comments for Tuesday January 23rd<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning.<\/b> S&P 500 futures were up 7 points at 8:30 AM EST.<\/em><\/p>\n

United Airlines<\/b> advanced $2.59 to $41.07 after reporting higher than consensus fourth quarter earnings. <\/em><\/p>\n

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Zions Bancorp<\/b> dropped $0.26 to $43.05 after reporting lower than consensus fourth quarter results.<\/em><\/p>\n

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MMM<\/b> dropped $5.00 to 103.02 after lowering first quarter 2024 guidance. <\/em><\/p>\n

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Procter & Gamble<\/b> added $2.04 to $149.90 after reporting higher than consensus fiscal second quarter earnings. <\/em><\/p>\n

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 <\/p>\n

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

NASDAQ 100 stocks<\/b> led the advance in U.S. equity markets yesterday. Stocks moving above resistance extending their intermediate uptrend included ASML, Micron, CrowdStrike, Take Two and Intuit. <\/p>\n

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Home Builders SPDRs<\/b> $XHB moved above $96.92 to an all-time high extending an intermediate uptrend. <\/p>\n

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Gasoline ETN<\/b> $UGA moved above $63.96 completing a double bottom pattern.<\/p>\n

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CGI Group<\/b> $GIB.A a TSX 60 stock moved above Cdn$145.93 to an all-time 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.22nd<\/sup> 2024<\/p>\n

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Green: Increase from previous day<\/font><\/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

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

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

Daily Seasonal\/Technical Commodities Trends for Jan 22nd<\/sup> 2024<\/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 Jan.22nd<\/sup> 2024<\/p>\n

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

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

 <\/p>\n

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

Chart Check On Netflix & Tesla: Carter Worth<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=UoIqPUN4xwg<\/a><\/p>\n

 <\/p>\n

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

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The intermediate term Barometer added 0.60 to 76.00. It remains Overbought.<\/p>\n

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The long term Barometer added 1.00 to 71.80. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer slipped 0.89 to 64.44. It remains Overbought.<\/p>\n

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The long term Barometer added 0.89 to 59.11. It remains Neutral.<\/p>\n

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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 Tuesday January 23rd U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EST. United Airlines advanced $2.59 to $41.07 after reporting higher than consensus fourth quarter earnings. Zions Bancorp dropped $0.26 to $43.05 after reporting lower than consensus fourth quarter results. MMM dropped […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-173179","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/173179","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=173179"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/173179\/revisions"}],"predecessor-version":[{"id":173189,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/173179\/revisions\/173189"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=173179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=173179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=173179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}