{"id":182932,"date":"2025-01-21T19:18:10","date_gmt":"2025-01-22T00:18:10","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=182932"},"modified":"2025-01-22T08:50:27","modified_gmt":"2025-01-22T13:50:27","slug":"tech-talk-for-wednesday-january-22nd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/01\/21\/tech-talk-for-wednesday-january-22nd-2025\/","title":{"rendered":"Tech Talk for Wednesday January 22nd 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday January 22nd<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 32 points at 8:30 AM EST.<\/em><\/p>\n

Netflix<\/b> advanced $123.29 to an all-time high at $992.97 after reporting a higher than consensus increase in subscriptions. <\/em><\/p>\n

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United Airlines<\/b> added $4.18 to an all-time high at $114.70 after reporting higher than consensus fourth quarter results.<\/em><\/p>\n

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Interactive Brokers<\/b> gained $7.06 to an all-time high at $199.89 after reporting higher than consensus fourth quarter results. <\/em><\/p>\n

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Procter & Gamble<\/b> advanced $4.67 to $166.39 after reporting higher than consensus fourth quarter revenues and earnings. <\/em><\/p>\n

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EquityClock\u2019s Stock Market Outlook for January 22nd<\/sup><\/strong><\/font><\/em><\/p>\n

US Dollar pulling back to its significant breakout point, giving stocks a quick boost in the first day of the Trump presidency. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/01\/21\/stock-market-outlook-for-january-22-2025\/<\/em><\/a><\/p>\n

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

S&P 500 Index <\/b>$SPX moved above intermediate resistance at 6,049.75. Intermediate trend changed from down to neutral. S&P 500 SPDRs<\/b> $SPY moved above intermediate resistance at $590.70.<\/p>\n

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Eurozone iShares<\/b> $EZU moved above $49.24 resetting an intermediate uptrend.<\/p>\n

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Visa <\/b>$V a Dow Jones Industrial Average stock moved above $321.61 to an all-time high extending an intermediate uptrend.<\/p>\n

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General Dynamics<\/b> $GD moved above $266.27 completing a double bottom pattern.<\/p>\n

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Global Gold iShares $XGD.TO<\/b> moved above intermediate resistance at Cdn$23.47. Intermediate trend changed from down to neutral. Seasonal influences are favourable to April 9th<\/sup>. See:https:\/\/charts.equityclock.com\/ishares-sptsx-global-gold-index-etf-tsexgd-to-seasonal-chart<\/a><\/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 21st<\/sup> 2025<\/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 January 21st<\/sup> 2025<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for January 21st<\/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

Note the increased score by TSX Financial and TSX Gold indices when they moved above intermediate resistance levels. Their trend changed from Down to Neutral<\/em><\/p>\n

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

CHART THIS with David Keller, CMT Tuesday 1\/21\/25<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=UHQY0gj7NP0<\/a><\/p>\n

TSLA’s Price Target Hike on A.I., AAPL Downgrade Over "Weak" Sales: Schwab <\/b><\/p>\n

TSLA’s Price Target Hike on A.I., AAPL Downgrade Over "Weak" Sales \u2013 YouTube<\/a><\/p>\n

<\/b><\/p>\n

Market uncertainty is not past us yet, says Charles Schwab’s Liz Ann Sonders<\/b><\/p>\n

Market uncertainty is not past us yet, says Charles Schwab’s Liz Ann Sonders \u2013 YouTube<\/a><\/p>\n

Tech Titans, TikTok, and Tesla Get Political Under New Administration: Guy Adami and Dan Nathan<\/b><\/p>\n

Tech Titans, TikTok, and Tesla Get Political Under New Administration \u2013 YouTube<\/a><\/p>\n

Analyst expects Trump will impose "modest" tariffs on Canada and they will not be across the board<\/b><\/p>\n

Analyst expects Trump will impose "modest" tariffs on Canada and they will not be across the board \u2013 YouTube<\/a><\/p>\n

Outlook for Canada amid Trump tariffs: BNN<\/b><\/p>\n

Outlook for Canada amid Trump tariffs \u2013 YouTube<\/a><\/p>\n

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

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

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The intermediate term Barometer jumped 11.00 to 53.20. It remains Neutral. Daily trend remains up.<\/p>\n

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The long term Barometer added another 2.40 to 62.80. It remains Overbought. Daily trend remains up. <\/p>\n

Short term (20 day) Barometer jumped another 9.00 to 81.80. It has become substantially Overbought. Daily trend remains up.<\/p>\n

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

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The intermediate term Barometer added 1.35 to 48.20. It remains Neutral. Daily trend is up. <\/p>\n

\"clip_image017\"<\/a><\/p>\n

The long term Barometer slipped 0.90 to 64.41. It remains Overbought.<\/p>\n

The short term (20 day) Barometer advanced 9.46 to 66.22. It changed from Neutral to Overbought on a move above 60.00. Daily trend remains up.<\/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 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 32 points at 8:30 AM EST. Netflix advanced $123.29 to an all-time high at $992.97 after reporting a higher than consensus increase in subscriptions. United Airlines added $4.18 to an all-time high at $114.70 after reporting […]<\/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-182932","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182932","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=182932"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182932\/revisions"}],"predecessor-version":[{"id":182942,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182932\/revisions\/182942"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=182932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=182932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=182932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}