{"id":182786,"date":"2025-01-14T22:16:01","date_gmt":"2025-01-15T03:16:01","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=182786"},"modified":"2025-01-15T08:52:11","modified_gmt":"2025-01-15T13:52:11","slug":"tech-talk-for-wednesday-january-15th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/01\/14\/tech-talk-for-wednesday-january-15th-2025\/","title":{"rendered":"Tech Talk for Wednesday January 15th 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday January 15th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning.<\/b> S&P 500 futures were up 84 points at 8:35 AM EST.<\/em><\/p>\n

S&P 500 futures added 63 points following release of economic news at 8:30 AM EST. Consensus for the December Consumer Price Index<\/b> was a 0.4 % increase versus a 0.3% increase in November. Actual was a 0.4% increase. On a year-over-year basis, consensus was a 2.9% increase versus a 2.7% gain in November. Actual was a 2.9% increase. Excluding food and energy consensus was a 0.3% increase versus a 0.3% gain in November. Actual was. 0.2% gain. On a year-over-year basis consensus was a 3.3% increase versus a 3.3% gain in November. Actual was a 3.2% gain. Consensus for the January Empire State<\/b> Manufacturing Survey<\/b> was -0.30 versus 0.20 in December Actual was -12.6.<\/em><\/p>\n

JP Morgan<\/b> Chase<\/b> advanced $2.69 to $250.16 after reporting higher than consensus fourth quarter earnings.<\/em><\/p>\n

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Wells Fargo<\/b> gained $2.35 to $73.54 after reporting higher than consensus fourth quarter earnings. <\/em><\/p>\n

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Goldman Sachs<\/b> added $8.87 to $580.20 after reporting higher than consensus fourth quarter earnings. <\/em><\/p>\n

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

Commodity prices (and the stocks with exposure) perking up as inflation expectations rise. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/01\/14\/stock-market-outlook-for-january-15-2025\/<\/em><\/a><\/p>\n

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

Pharmaceutical ETF<\/b> $PPH moved below $85.59 extending an intermediate downtrend.<\/p>\n

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Baker Hughes<\/b> $BKR a NASDAQ 100 stock moved above $45.17 to an all-time high extending an intermediate uptrend.<\/p>\n

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Airbnb<\/b> $ABNB a NASDAQ 100 stock moved below $127.23 extending an intermediate downtrend. <\/p>\n

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Biogen<\/b> $BIIB a NASDAQ 100 stock moved below $145.07 extending an intermediate downtrend<\/p>\n

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Canadian Tire <\/b>$CTC.A.TO a TSX 60 stock moved above $161.12 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 January 14th<\/sup> 2025<\/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 January 14th<\/sup> 2025<\/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 January 14th<\/sup> 2025<\/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

Chip Regulations, AI Software & the Fateful Eight: Navigating Tech in 2025: Dan Nathan<\/b><\/p>\n

Chip Regulations, AI Software & the Fateful Eight: Navigating Tech in 2025 \u2013 YouTube<\/a><\/p>\n

‘Keep On Truckin”: Goldman Sachs’ playbook for 2025:<\/b><\/p>\n

‘Keep On Truckin”: Goldman Sachs’ playbook for 2025 \u2013 YouTube<\/a><\/p>\n

Not expecting any Fed rate cuts this year, says BofA’s Savita Subramanian<\/b><\/p>\n

Not expecting any Fed rate cuts this year, says BofA’s Savita Subramanian \u2013 YouTube<\/a><\/p>\n

Silverman: Seasonal volatility and market selloff are normal in January. RBC Capital<\/b><\/p>\n

Silverman: Seasonal volatility and market selloff are normal in January. \u2013 YouTube<\/a><\/p>\n

Huge headwind’ for the market: Rosenberg’s bearish call: David Rosenberg<\/b><\/p>\n

‘Huge headwind’ for the market: Rosenberg’s bearish call \u2013 YouTube<\/a><\/p>\n

John O’Connell’s Market Outlook: North American large cap stocks | Market Call<\/b><\/p>\n

John O’Connell’s Market Outlook: North American large cap stocks | Market Call \u2013 YouTube<\/a><\/p>\n

CHART THIS with David Keller, CMT Tuesday 1\/14\/25<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=PSjm1SUvGUY<\/a><\/p>\n

This Winter Weather Is About To Get Much Worse…<\/b><\/p>\n

Natural gas prices advanced to a six month high.<\/b><\/p>\n

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

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

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The intermediate term Barometer advanced 5.00 to 24.60. It remains Oversold.<\/p>\n

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The long term Barometer advanced 3.40 to 57.40. It remains Neutral.<\/p>\n

P.S. The short term (20 day) Barometer jumped 14.40 to 42.60<\/p>\n

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

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The intermediate term Barometer advanced 3.14 to 33.29. It remains Oversold.<\/p>\n

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The long term Barometer added 1.35 to 63.23. It remains Overbought.<\/p>\n

P.S. The short term (20 day) Barometer advanced 7.62 to 40.81.<\/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 Wednesday January 15th U.S. equity index futures were higher this morning. S&P 500 futures were up 84 points at 8:35 AM EST. S&P 500 futures added 63 points following release of economic news at 8:30 AM EST. Consensus for the December Consumer Price Index was a 0.4 % increase versus a 0.3% […]<\/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-182786","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182786","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=182786"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182786\/revisions"}],"predecessor-version":[{"id":182794,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182786\/revisions\/182794"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=182786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=182786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=182786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}