{"id":181375,"date":"2024-11-15T02:00:00","date_gmt":"2024-11-15T07:00:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=181375"},"modified":"2024-11-15T08:58:06","modified_gmt":"2024-11-15T13:58:06","slug":"tech-talk-for-friday-november-15th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/11\/15\/tech-talk-for-friday-november-15th-2024\/","title":{"rendered":"Tech Talk for Friday November 15th 2024"},"content":{"rendered":"

Pre-opening Comments for Friday November 15th<\/sup><\/strong><\/font><\/p>\n

U.S. equity indices were lower this morning<\/b>. S&P 500 futures were down 34 points at 8:35 AM EST<\/p>\n

S&P 500 futures dropped another 3 points following release of economic news at 8:30 AM EDT<\/b>. Consensus for October Retail Sales was a 0.3% increase versus a revised 0.8% gain in September. Actual was a 0.4% gain. Consensus for the November Empire State Manufacturing Survey was -0.30 versus -11.90 in September Actual was +31.2<\/p>\n

Applied Materials<\/b> dropped $9.40 to $176.60 after the company released less than consensus fiscal first quarter guidance. <\/p>\n

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Domino\u2019s Pizza<\/b> advanced $31.78 to $467.75 after Berkshire Hathaway disclosed purchase of a position in the stock. <\/p>\n

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Despegar.com<\/b> gained $1.99 to $16.85 after reporting higher than consensus third quarter results<\/p>\n

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AST Space Mobile<\/b> dropped $4.94 to $21.86 after its third quarter loss widened<\/p>\n

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EquityClock\u2019s Stock Market Outlook for November 15th<\/sup><\/strong><\/font><\/p>\n

The latest read on the Petroleum Status in the US is providing a very interesting setup for the seasonal trade in the energy sector that starts next month<\/b>. See:<\/b><\/p>\n

https:\/\/equityclock.com\/2024\/11\/14\/stock-market-outlook-for-november-15-2024\/<\/a><\/p>\n

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

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

Health Care SPDRs <\/b>$XLV moved below $145.62 and $145.00 extending an intermediate downtrend. Weakness was led by the biotech sector and its related ETFs (e.g. IBB, BBH, FBT)<\/p>\n

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CCL Industries<\/b> $CCL.B.TO a TSX 60 stock moved below intermediate support at Cdn$78.50 following release of disappointing third quarter results.<\/p>\n

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Suncor <\/b>$SU.TO a TSX 60 stock moved above Cdn$56.74 to an all-time high extending an intermediate uptrend. Response to encouraging third quarter results!<\/p>\n

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Fortis <\/b>$FTS.TO a TSX 60 stock moved above Cdn$62.47 to an all-time high extending an intermediate uptrend. <\/p>\n

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

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

Daily Seasonal\/Technical Equity Trends for November 14th<\/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

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

Daily Seasonal\/Technical Commodities Trends for November 14th<\/sup> 2024<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for November 14th<\/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

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

This is Where You Should Be Investing NOW! Tom Bowley<\/b><\/p>\n

This is Where You Should Be Investing NOW! \u2013 YouTube<\/a><\/p>\n

Time to get out of software, says Carter Worth<\/b><\/p>\n

Time to get out of software, says Carter Worth \u2013 YouTube<\/a><\/p>\n

John Kosar Shares How He Selects Top Stocks and ETFs (Ep. 11)<\/b><\/p>\n

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

Upgrade your Options Trading with OptionsPlay on StockCharts<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=2TRHrMQS2cY<\/a><\/p>\n

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

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The intermediate term Barometer dropped 4.40 to 58.00. It changed from Overbought to Neutral on a drop below 60.00.<\/p>\n

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The long term Barometer added 0.20 to 72.00. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer added 2.96 to 55.00. It remains Neutral.<\/p>\n

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The long term Barometer added 0.77 to 70.45. It remains Overbought. <\/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 <\/em><\/p>\n

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 November 15th U.S. equity indices were lower this morning. S&P 500 futures were down 34 points at 8:35 AM EST S&P 500 futures dropped another 3 points following release of economic news at 8:30 AM EDT. Consensus for October Retail Sales was a 0.3% increase versus a revised 0.8% gain in […]<\/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-181375","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181375","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=181375"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181375\/revisions"}],"predecessor-version":[{"id":181385,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181375\/revisions\/181385"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=181375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=181375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=181375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}