{"id":181711,"date":"2024-11-28T20:43:46","date_gmt":"2024-11-29T01:43:46","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=181711"},"modified":"2024-11-29T08:40:41","modified_gmt":"2024-11-29T13:40:41","slug":"tech-talk-for-friday-november-29th-2024","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2024\/11\/28\/tech-talk-for-friday-november-29th-2024\/","title":{"rendered":"Tech Talk for Friday November 29th 2024"},"content":{"rendered":"

Pre-opening Comments for Friday November 29th<\/sup><\/strong><\/font><\/p>\n

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

U.S. equity markets<\/b> are scheduled to close today at 1:00 PM EST. U.S. bond markets<\/b> are scheduled to close at 2:00 PM EST.<\/p>\n

ASML<\/b> added $15.20 to $642.90 on news that a crackdown by the U.S. on sales of semiconductor chip sales to China will be less severe than forecast. <\/p>\n

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EquityClock\u2019s Stock Market Outlook for November 29th<\/sup><\/strong><\/font><\/p>\n

Despite the jump in equity prices over the past month, signs of complacency in the market remain absent. See:<\/b><\/p>\n

https:\/\/equityclock.com\/2024\/11\/27\/stock-market-outlook-for-november-29-2024\/<\/a><\/p>\n

Don Vialoux will be a guest on \u201cWolf on Bay Street<\/em><\/strong>\u201d released at 7:00 PM EST on Saturday on Corus 640.<\/p>\n

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

Taiwan iShares<\/b> $EWT moved below support at $52.94 setting an intermediate downtrend. <\/p>\n

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Berkshire Hathaway<\/b> $BRK.B an S&P 100 stock moved above $484.92 to an all-time high extending an intermediate uptrend. <\/p>\n

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Verizon <\/b>$VZ a Dow Jones Industrial Average stock moved above $44.66 extending an intermediate uptrend <\/p>\n

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CoStar Group<\/b> $CSGP a NASDAQ 100 stock moved above $81.63 setting 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 27th<\/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

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

Daily Seasonal\/Technical Commodities Trends for November 27th<\/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 27th<\/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

Can the S&P 500 Rally Without Tech?<\/b><\/p>\n

Can the S&P 500 Rally Without Tech? \u2013 YouTube<\/a><\/p>\n

The S&P 500 could hit 7,000 by the end of next year, says Ed Yardeni<\/b><\/p>\n

The S&P 500 could hit 7,000 by the end of next year, says Ed Yardeni \u2013 YouTube<\/a><\/p>\n

Stocks At Record Highs Ahead of Thanksgiving Holiday: Guy Adami, Dan Nathan, Liz Young<\/b><\/p>\n

Stocks At Record Highs Ahead of Thanksgiving Holiday \u2013 YouTube<\/a><\/p>\n

December’s History Points to "Santa Claus" Rally: Sam Stovall<\/b><\/p>\n

December’s History Points to "Santa Claus" Rally \u2013 YouTube<\/a><\/p>\n

"Einstein of Wall Street" On Holiday Week<\/b><\/p>\n

"Einstein of Wall Street" On Holiday Week \u2013 YouTube<\/a><\/p>\n

Chart of the Day: Technology SPDRs (XLK)<\/strong><\/font><\/p>\n

Technical score dropped from 4 to -2 when strength relative to the S&P 500 changed from Neutral to Negative, price moved below its 20 day moving average and daily momentum indicators (Stochastics, RSI and MACD) changed from up to down. Seasonal influences currently are Neutral. <\/p>\n

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

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The intermediate term Barometer added 0.80 to 69.60. It remains Overbought. Daily trend is up.<\/p>\n

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The long term Barometer added 0.40 to 75.80. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer added 2.74 to 59.82. It remains Neutral.<\/p>\n

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The long term Barometer was unchanged at 75.34. 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 Friday November 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EST. U.S. equity markets are scheduled to close today at 1:00 PM EST. U.S. bond markets are scheduled to close at 2:00 PM EST. ASML added $15.20 to $642.90 on news […]<\/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-181711","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181711","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=181711"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181711\/revisions"}],"predecessor-version":[{"id":181715,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/181711\/revisions\/181715"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=181711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=181711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=181711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}