{"id":176023,"date":"2024-04-30T02:22:00","date_gmt":"2024-04-30T06:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=176023"},"modified":"2024-04-30T08:48:49","modified_gmt":"2024-04-30T12:48:49","slug":"tech-talk-for-tuesday-april-30th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/04\/30\/tech-talk-for-tuesday-april-30th-2024\/","title":{"rendered":"Tech Talk for Tuesday April 30th 2024"},"content":{"rendered":"

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

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures dropped 23 points at 8:35 AM EDT.<\/em><\/p>\n

The Canadian Dollar dropped 0.22 to US 72.90 cents<\/b> following release of Canada\u2019s February GDP report. Consensus was an increase of 0.3%. Actual was an increase of 0.2%<\/em><\/p>\n

NXP Semiconductor<\/b> advanced $9.39 to $256.52 after reporting higher than consensus first quarter earnings.<\/em><\/p>\n

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F5<\/b> dropped $19.49 to $162.64 after reporting less than consensus quarterly revenues. <\/em><\/p>\n

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Coursera<\/b> plunged $2.07 to $9.82 after reporting less than consensus quarterly revenues. <\/em><\/p>\n

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Chegg<\/b> dropped $0.37 to $6.80 after lowering second quarter revenue guidance. <\/em><\/p>\n

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 <\/p>\n

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

Tesla<\/b> $TSLA a NASDAQ 100 stock moved above intermediate resistance at $184.25.<\/p>\n

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Target Stores<\/b> $TGT an S&P 100 stock moved below $162.21 completing a short term Head & Shoulders pattern. <\/p>\n

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Roper Technologies<\/b> $ROP a NASDAQ 100 stock moved below $523.74 completing a double top pattern.<\/p>\n

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Pembina Pipeline<\/b> $PPL.TO a TSX 60 stock moved above Cdn$48.97 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 April 29th<\/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 29th<\/sup> 2024<\/p>\n

\"clip_image008\"<\/a><\/b><\/p>\n

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

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

 <\/p>\n

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

Daily Seasonal\/Technical Sector Trends for April 29th<\/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

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

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

Citi upgrades energy sector<\/b><\/p>\n

Citi upgrades energy sector, says stocks can recover quickly from geopolitical jolts | Seeking Alpha<\/a><\/p>\n

 <\/p>\n

The Sell in May and Go Away Trade in Technology? Guy Adami, Dan Nathan and Carter Worth<\/b><\/p>\n

The Sell in May and Go Away Trade \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 4.40 to 50.20. It remains Neutral.<\/p>\n

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The long term Barometer added 2.20 to 76.40. It remains Overbought.<\/p>\n

 <\/p>\n

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

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The intermediate term Barometer added 0.45 to 55.80. It remains Neutral.<\/p>\n

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The long term Barometer added 0.89 to 67.86. 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 30th U.S. equity index futures were lower this morning. S&P 500 futures dropped 23 points at 8:35 AM EDT. The Canadian Dollar dropped 0.22 to US 72.90 cents following release of Canada\u2019s February GDP report. Consensus was an increase of 0.3%. Actual was an increase of 0.2% NXP Semiconductor advanced […]<\/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-176023","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/176023","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=176023"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/176023\/revisions"}],"predecessor-version":[{"id":176033,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/176023\/revisions\/176033"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=176023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=176023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=176023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}