{"id":179815,"date":"2024-09-13T02:22:00","date_gmt":"2024-09-13T06:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=179815"},"modified":"2024-09-13T08:56:51","modified_gmt":"2024-09-13T12:56:51","slug":"tech-talk-for-friday-september-13th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/09\/13\/tech-talk-for-friday-september-13th-2024\/","title":{"rendered":"Tech Talk for Friday September 13th 2024"},"content":{"rendered":"

Pre-opening Comments for Friday September 13th<\/sup><\/strong><\/font><\/em><\/p>\n

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

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 10 points at 8:30 AM EDT.<\/em><\/p>\n

Adobe<\/b> dropped $53.55 to $533.00 after offering fiscal fourth quarter guidance below consensus.<\/em><\/p>\n

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Keurig Dr. Pepper<\/b> added $0.95 to $38.00 after raising its quarterly dividend by 7%.<\/em><\/p>\n

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RH<\/b> advanced $48.26 to $304.75 after issuing positive guidance on demand for home wares.<\/em><\/p>\n

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IBEX<\/b> added $2.37 to $19.10 after reporting higher than consensus fiscal fourth quarter revenues and earnings.<\/em><\/p>\n

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 <\/p>\n

EquityClock\u2019s Stock Market Outlook for September 13th<\/sup><\/strong><\/font><\/em><\/p>\n

 <\/p>\n

Gold has broken out of a short-term consolidation range, reaching new heights during its period of seasonal strength. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2024\/09\/12\/stock-market-outlook-for-september-13-2024\/<\/em><\/a><\/p>\n

 <\/p>\n

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

Gold SPDRs<\/b> $GLD moved above $234.01 to an all-time high extending an intermediate uptrend. Gold bullion iShares moved above Cdn$20.10 to an all-time high extending an intermediate uptrend.<\/p>\n

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Kinross Gold<\/b> $KGC a TSX 60 stock moved above US$9.55 to a 10 year high extending an intermediate uptrend.<\/p>\n

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India ETF<\/b> $PIN moved above $30.32 to an all-time high extending an intermediate uptrend. <\/p>\n

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Intuitive Surgical<\/b> $ISRG a NASDAQ 100 stock moved above $493.97 to an all-time high extending an intermediate trend.<\/p>\n

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 <\/p>\n

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

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 <\/p>\n

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

Daily Seasonal\/Technical Equity Trends for September 12th<\/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

 <\/p>\n

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

Daily Seasonal\/Technical Commodities Trends for September 12th<\/sup> 2024<\/p>\n

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Green: Increase from previous day<\/b><\/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 September 12th<\/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

Does This Mean September Weakness is Over? | Profit Pilot<\/b><\/p>\n

Does This Mean September Weakness is Over? | Profit Pilot \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

Best Stocks for Income Investors to Buy (Dividend + Growth Stocks): Tom Bowley<\/b><\/p>\n

Best Stocks for Income Investors to Buy (Dividend + Growth Stocks) \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

Nvidia New Highs Ahead? Guy Adami, Dan Nathan and Carter Worth<\/b><\/p>\n

Nvidia New Highs Ahead? \u2013 YouTube<\/a><\/p>\n

 <\/p>\n

Mike Wilson Reveals End of 2024 Outlook: Morgan Stanley with Guy Adami<\/b><\/p>\n

Mike Wilson Reveals End of 2024 Outlook \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 3.20 to 69.80. It remains Overbought.<\/p>\n

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

 <\/p>\n

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

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The intermediate term Barometer jumped 10.62 to 64.16. It changed from Neutral to Overbought on a move above 60.00. <\/p>\n

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The long term Barometer added 4.61 to 70.35. 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 Friday September 13th U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT. Adobe dropped $53.55 to $533.00 after offering fiscal fourth quarter guidance below consensus. Keurig Dr. Pepper added $0.95 to $38.00 after raising its quarterly dividend by 7%. RH advanced $48.26 […]<\/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-179815","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/179815","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=179815"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/179815\/revisions"}],"predecessor-version":[{"id":179825,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/179815\/revisions\/179825"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=179815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=179815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=179815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}