{"id":175381,"date":"2024-04-09T02:22:00","date_gmt":"2024-04-09T06:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=175381"},"modified":"2024-04-09T08:47:08","modified_gmt":"2024-04-09T12:47:08","slug":"tech-talk-for-tuesday-april-9th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/04\/09\/tech-talk-for-tuesday-april-9th-2024\/","title":{"rendered":"Tech Talk for Tuesday April 9th 2024"},"content":{"rendered":"

Pre-opening Comments for Tuesday April 9th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning.<\/b> S&P 500 futures were up 11 points at 8:30 AM EDT.<\/em><\/p>\n

Gold<\/b> added another $22.40 to $2,373.40 per ounce in overnight trade. <\/em><\/p>\n

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<\/b><\/p>\n

Taiwan Semiconductor<\/b> is expected to open higher after the company received a $6 billion grant from the U.S. government to ramp up its semiconductor production in the U.S. <\/em><\/p>\n

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Pfizer added $0.10 to $25.68<\/b> after seeking extended approval from the FDA for its RSV shot.<\/em><\/p>\n

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 <\/p>\n

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

Platinum ETN<\/b> $PPLT moved above $87.38 extending an intermediate uptrend. <\/p>\n

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Old Dominion Freight Lines<\/b> $ODFL a NASDAQ 100 stock moved above $225.91 to an all-time high extending an intermediate uptrend. <\/p>\n

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Open Text<\/b> $OTEX a TSX 60 stock moved below US $37.39 extending an intermediate downtrend. <\/p>\n

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VALE <\/b>$VALE one of the largest base metal producers in the world moved above intermediate resistance at $12.55. <\/p>\n

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 <\/p>\n

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

 <\/p>\n

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

Daily Seasonal\/Technical Equity Trends for April 8th<\/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

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 April 8th<\/sup> 2024<\/p>\n

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

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

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

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

Daily Seasonal\/Technical Sector Trends for April 8th<\/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

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

Make-or-Break Week for the Stock Market: Guy Adami and Dan Nathan<\/b><\/p>\n

Make-or-Break Week for the Stock Market \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

Charles Schwab’s Liz Ann Sonders: For now, the market has been fairly resilient<\/b><\/p>\n

Charles Schwab’s Liz Ann Sonders: For now, the market has been fairly resilient \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

Eric Nuttall: We remain bullish on <\/b>oil but don’t expect it to reach US$100<\/b><\/p>\n

Eric Nuttall: We remain bullish on oil but don’t expect it to reach US$100 \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 1.60 to 74.40. It remains Overbought.<\/p>\n

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The long term Barometer added 1.00 to 79.60. It remains Overbought. <\/p>\n

 <\/p>\n

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

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The intermediate term Barometer added 1.34 to 67.86. It remains Overbought. <\/p>\n

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The long term Barometers added 1.34 to 72.77. It remains Overbought. <\/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 Tuesday April 9th U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points at 8:30 AM EDT. Gold added another $22.40 to $2,373.40 per ounce in overnight trade. Taiwan Semiconductor is expected to open higher after the company received a $6 billion grant from the U.S. government […]<\/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-175381","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/175381","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=175381"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/175381\/revisions"}],"predecessor-version":[{"id":175389,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/175381\/revisions\/175389"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=175381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=175381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=175381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}