{"id":181449,"date":"2024-11-18T19:25:33","date_gmt":"2024-11-19T00:25:33","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=181449"},"modified":"2024-11-19T08:54:07","modified_gmt":"2024-11-19T13:54:07","slug":"tech-talk-for-tuesday-november-19th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/11\/18\/tech-talk-for-tuesday-november-19th-2024\/","title":{"rendered":"Tech Talk for Tuesday November 19th 2024"},"content":{"rendered":"

Pre-opening Comments for Tuesday November 19th<\/sup><\/font><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 30 points at 8:35 AM EST. Futures responded to news that the U.S. approved the use of U.S. supplied weapons by Ukraine against Russia.<\/p>\n

S&P 500 futures dropped 8 points following release of the U.S October Housing Starts<\/b> report at 8:30 AM EST. Consensus was a slip to 1.340 million units from 1.354 million units in September. Actual was a drop to 1.311 million units.<\/p>\n

Listed options on Bitcoin iShares<\/b> are scheduled to start trading today.<\/p>\n

\"clip_image001[4]\"<\/a><\/p>\n

Wal-Mart<\/b> gained $2.34 to $86.42 after reporting higher than consensus third quarter results.<\/p>\n

\"clip_image002\"<\/a><\/p>\n

Symbotic<\/b> added $7.37 to $37.93 after reporting higher than consensus fiscal fourth quarter revenues and earnings. The company also raised first quarter guidance. <\/p>\n

\"clip_image003[4]\"<\/a><\/p>\n

Lowe\u2019s <\/b>added $2.37 to $271.77 after releasing higher than consensus third quarter results<\/p>\n

\"clip_image004\"<\/a><\/p>\n

EquityClock\u2019s Stock Market Outlook for November 19th<\/sup><\/font><\/p>\n

While the setup for stocks is positive for the year-end seasonal strength, investors should be prepared for the fading of enthusiasm once the new president takes office. See:<\/b><\/p>\n

https:\/\/equityclock.com\/2024\/11\/18\/stock-market-outlook-for-november-19-2024\/<\/a><\/p>\n

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

First Trust Natural Gas ETF<\/b> $FCG moved above $25.70 setting an intermediate uptrend. Strength was prompted by a seasonally early snow storm in western Canada and U.S.A. <\/p>\n

\"clip_image001\"<\/a><\/p>\n

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

\"clip_image003\"<\/a><\/p>\n

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

Daily Seasonal\/Technical Equity Trends for November 18th<\/sup> 2024<\/p>\n

\"clip_image005\"<\/a><\/p>\n

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

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

Daily Seasonal\/Technical Commodities Trends for November 18th<\/sup> 2024<\/p>\n

\"clip_image007\"<\/a><\/b><\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for November 18th<\/sup> 2024<\/p>\n

\"clip_image009\"<\/a><\/p>\n

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

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

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

Don’t Miss These Breakouts Poised To Trade Higher! Mary Ellen McGonagle<\/b><\/p>\n

Don’t Miss These Breakouts Poised To Trade Higher! \u2013 YouTube<\/a><\/p>\n

The Trump trade is still intact, says Fundstrat’s Tom Lee<\/b><\/p>\n

The Trump trade is still intact, says Fundstrat’s Tom Lee \u2013 YouTube<\/a><\/p>\n

BMO’s Brian Belski explains his 2025 year-end target of $6,700<\/b><\/p>\n

BMO’s Brian Belski explains his 2025 year-end target of $6,700 \u2013 YouTube<\/a><\/p>\n

Equity Strategists Full of Bull For 2025: Guy Adami and Dan Nathan<\/b><\/p>\n

Equity Strategists Full of Bull For 2025 \u2013 YouTube<\/a><\/p>\n

Goldman Sachs’ Sung Cho is bullish on software in 2025<\/b><\/p>\n

Goldman Sachs’ Sung Cho is bullish on software in 2025 \u2013 YouTube<\/a><\/p>\n

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

\"clip_image010\"<\/a><\/p>\n

The intermediate term Barometer added 2.20 to 57.20. It remains Neutral.<\/p>\n

\"clip_image011\"<\/a><\/p>\n

The long term Barometer added 1.40 to 70.00. It remains Overbought.<\/p>\n

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

\"clip_image012\"<\/a><\/p>\n

The intermediate term Barometer added 7.73 to 57.27. It remains Neutral.<\/p>\n

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

The long term Barometer added 3.64 to 72.73. 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 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 November 19th U.S. equity index futures were lower this morning. S&P 500 futures were down 30 points at 8:35 AM EST. Futures responded to news that the U.S. approved the use of U.S. supplied weapons by Ukraine against Russia. S&P 500 futures dropped 8 points following release of the U.S October […]<\/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-181449","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181449","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=181449"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181449\/revisions"}],"predecessor-version":[{"id":181459,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181449\/revisions\/181459"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=181449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=181449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=181449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}