{"id":182975,"date":"2025-01-22T22:53:45","date_gmt":"2025-01-23T03:53:45","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=182975"},"modified":"2025-01-23T08:54:40","modified_gmt":"2025-01-23T13:54:40","slug":"tech-talk-for-thursday-january-23rd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/01\/22\/tech-talk-for-thursday-january-23rd-2025\/","title":{"rendered":"Tech Talk for Thursday January 23rd 2025"},"content":{"rendered":"

Pre-opening Comments for Thursday January 23rd<\/sup><\/strong><\/font><\/em><\/p>\n

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

The Canadian Dollar was unchanged at US69.42 cents following release of Canada\u2019s November Retail Sales<\/b> report at 8:30 AM EST. Consensus was a 0.2% gain versus unchanged in October. Actual was unchanged. <\/em><\/p>\n

Alcoa <\/b>added $0.87 to $38.88 after reporting higher than consensus fourth quarter results.<\/em><\/p>\n

\"clip_image001[1]\"<\/em><\/a><\/p>\n

Kinder Morgan<\/b> slipped $0.15 after reporting less than consensus fourth quarter revenues.<\/em> <\/p>\n

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M&T Bank<\/b> advanced $1.41 to $197.81 after announcing a $4 billion share buyback program.<\/em><\/p>\n

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Discover Financial Services<\/b> gained $2.25 to $199.80 after reporting higher than consensus fourth quarter earnings.<\/em><\/p>\n

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EquityClock\u2019s Stock Market Outlook for January 23rd<\/sup><\/strong><\/font><\/em><\/p>\n

<\/em><\/p>\n

The devastating storms that hit the southern states this fall is resulting in a building boom in the region. We examine various stocks\/segments of the market that are benefiting at this seasonally strong time of year. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/01\/22\/stock-market-outlook-for-january-23-2025\/<\/em><\/a><\/p>\n

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

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

S&P 500 Index<\/b> $SPX moved above 6,099.97 and S&P 500 SPDRs<\/b> moved above $607.03 to all-time highs extending intermediate uptrends.<\/p>\n

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Technology SPDRs<\/b> $XLK moved above $241.57 to an all-time high extending an intermediate uptrend. <\/p>\n

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Germany iShares<\/b> $EWG moved above $34.12 to an all-time high extending an intermediate uptrend. <\/p>\n

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Netflix <\/b>$NFLX an S&P 100 stock moved above $941.75 to an all-time high extending an intermediate uptrend. <\/p>\n

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Capital One<\/b> $COF an S&P 100 stock moved above $197.66 to an all-time high extending an intermediate uptrend. <\/p>\n

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MMM <\/b>$MMM a Dow Jones Industrial Average stock moved above $149.26 to a six year high extending an intermediate uptrend.<\/p>\n

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Agnico-Eagle Mines<\/b> $AEM a TSX 60 stock moved above US$88.57 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 January 22nd<\/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 22nd<\/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 22nd<\/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

Trump Enthusiasm Pushes Stocks to Record Highs: Guy Adami, Dan Nathan, Liz Young<\/b><\/p>\n

Trump Enthusiasm Pushes Stocks to Record Highs \u2013 YouTube<\/a><\/p>\n

Sam Stovall on Why Year 3 of a Bull Market Could Be a Challenging One (Ep. 20)<\/b><\/p>\n

Sam Stovall on Why Year 3 of a Bull Market Could Be a Challenging One (Ep. 20) \u2013 YouTube<\/a><\/p>\n

Portfolio strategies for market uncertainties: Andrew Pyle<\/b><\/p>\n

Portfolio strategies for market uncertainties \u2013 YouTube<\/a><\/p>\n

U.S. Dollar & Big Tech Outlook Under Trump 2.0: Schabb Network<\/b><\/p>\n

U.S. Dollar & Big Tech Outlook Under Trump 2.0 \u2013 YouTube<\/a><\/p>\n

Discover the BEST Way to Spot TREND CHANGES: Joe Rabil<\/b><\/p>\n

Discover the BEST Way to Spot TREND CHANGES \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer dropped 3.80 to 49.40. It remains Neutral.<\/p>\n

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The long term Barometer dropped 0.80 to 62.00. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer slipped 0.45 to 47.75. It remains Neutral.<\/p>\n

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The long term Barometer added 2.25 to 66.67. 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 Thursday January 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points at 8:35 AM EST. The Canadian Dollar was unchanged at US69.42 cents following release of Canada\u2019s November Retail Sales report at 8:30 AM EST. Consensus was a 0.2% gain versus unchanged in October. Actual […]<\/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-182975","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182975","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=182975"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182975\/revisions"}],"predecessor-version":[{"id":182985,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/182975\/revisions\/182985"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=182975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=182975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=182975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}