{"id":178545,"date":"2024-07-30T02:22:00","date_gmt":"2024-07-30T06:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=178545"},"modified":"2024-07-30T08:49:31","modified_gmt":"2024-07-30T12:49:31","slug":"tech-talk-for-tuesday-july-30th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/07\/30\/tech-talk-for-tuesday-july-30th-2024\/","title":{"rendered":"Tech Talk for Tuesday July 30th 2024"},"content":{"rendered":"

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

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

F5<\/b> advanced $22.66 to $200.25 after reporting higher than consensus fiscal third quarter earnings. The company also raised fourth quarter guidance. <\/em><\/p>\n

\"clip_image001[5]\"<\/a><\/p>\n

Symbotic <\/b>dropped $6.19 to $29.44 after reporting less than consensus fiscal third quarter earnings. The company also lowered fourth quarter guidance.<\/em><\/p>\n

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Merck <\/b>dropped $2.29 to $125.49 after lowering its 2024 outlook.<\/em><\/p>\n

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Procter & Gamble<\/b> dropped $5.92 to $164.01 after reporting less than consensus second quarter revenues.<\/em><\/p>\n

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 <\/p>\n

EquityClock\u2019s Stock Market Outlook for July 30th<\/sup><\/strong><\/font><\/em><\/p>\n

Major technology benchmarks are testing levels of rising intermediate-term levels of support, presenting the logical point to see a rebound attempted. See:<\/em><\/b><\/p>\n

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

https:\/\/equityclock.com\/2024\/07\/29\/stock-market-outlook-for-july-30-2024\/<\/em><\/a><\/p>\n

 <\/p>\n

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

Canadian Dollar<\/b> $CADUSD moved below US 0.72210 cents extending an intermediate downtrend.<\/p>\n

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Medical Devices<\/b> iShares<\/b> $IHI moved below $54.11 completing a double top pattern.<\/p>\n

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CVS Health<\/b> $CVS an S&P 100 stock moved above $61.37 completing a double bottom pattern.<\/p>\n

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ConocoPhillps<\/b> $COP an S&P 100 stock moved below $108.48 setting an intermediate downtrend. <\/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 July 29th<\/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

 <\/p>\n

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

Daily Seasonal\/Technical Commodities Trends for July 29th<\/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 July 29th<\/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

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

Link offered by a valued provider<\/strong><\/font><\/p>\n

Where Do Markets Go From Here: Guy Adami and Liz Young<\/b><\/p>\n

Where Do Markets Go From Here? \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 70.00. It remains Overbought.<\/p>\n

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The long term Barometer slipped 0.60 to 77.20. It remains Overbought.<\/p>\n

 <\/p>\n

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

\"clip_image013\"<\/a><\/p>\n

The intermediate term Barometer slipped 0.44 to 73.45. It remains Overbought.<\/p>\n

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The long term Barometer slipped 0.44 to 81.42. 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 Comment for Tuesday July 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:30 AM EDT. F5 advanced $22.66 to $200.25 after reporting higher than consensus fiscal third quarter earnings. The company also raised fourth quarter guidance. Symbotic dropped $6.19 to $29.44 after reporting less than […]<\/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-178545","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/178545","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=178545"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/178545\/revisions"}],"predecessor-version":[{"id":178555,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/178545\/revisions\/178555"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=178545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=178545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=178545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}