{"id":183697,"date":"2025-02-18T22:42:19","date_gmt":"2025-02-19T03:42:19","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=183697"},"modified":"2025-02-19T09:06:55","modified_gmt":"2025-02-19T14:06:55","slug":"tech-talk-for-wednesday-february-19th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/02\/18\/tech-talk-for-wednesday-february-19th-2025\/","title":{"rendered":"Tech Talk for Wednesday February 19th 2025"},"content":{"rendered":"

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

Pre-opening Comments for Wednesday February 19th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 12 points at 8:35 AM EST<\/em><\/p>\n

S&P 500 futures were unchanged following release of U.S. January Housing Starts<\/b> at 8:30 AM EST. Consensus was a drop to 1.370 million units from 1.499 million units in December. Actual was 1.37 million units.<\/em><\/p>\n

Devon Energy<\/b> added $0.32 to $35.20 after reporting higher than consensus fourth quarter earnings. <\/em><\/p>\n

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Celanese <\/b>dropped $9.81 to $60.10 after reporting a fourth quarter loss and an 8% drop in fourth quarter revenues.<\/em><\/p>\n

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Occidental Petroleum<\/b> dropped $0.65 to $48.19 after reporting a fourth quarter loss and lower than consensus fourth quarter revenues. <\/em><\/p>\n

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Toll Brothers<\/b> dropped $6.34 to4115.71 after reporting revenues and earnings below consensus.<\/em><\/p>\n

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

Commodity exposure continues to attract demand as traders seek to mitigate the inflationary impact that tariffs are likely to impose. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/02\/18\/stock-market-outlook-for-february-19-2025\/<\/em><\/a><\/p>\n

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

Late strength by the S&P 500 above 6,128.18 moved the Index to an all-time high<\/b>.<\/p>\n

Natural Gas<\/b> ETN $UNG moved above $20.03 extending an intermediate uptrend.<\/p>\n

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Palo Alto Networks<\/b> $PANW a NASDAQ 100 stock moved above $207.24 to an all-time high extending an intermediate uptrend.<\/p>\n

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Deere <\/b>$DE an S&P 100 stock moved above $485.84 to an all-time high extending an intermediate uptrend. <\/p>\n

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Lam Research<\/b> $LRCX a NASDAQ 100 stock moved above $85.19 and $86.29 extending am on intermediate uptrend. <\/p>\n

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Chipotle<\/b> $CMG an S&P 100 stock moved below $55.30 and $55.02 setting an intermediate downtrend.<\/p>\n

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SNC Lavalin<\/b> $ATRL.TO a TSX 60 stock moved below Cdn$69.01 completing a Head & Shoulders pattern.<\/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 February 18th<\/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 February 18th<\/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

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

Daily Seasonal\/Technical Sector Trends for February 18h<\/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

Dates for seasonality (Neutral or Positive) have been updated to correspond to EquityClock\u2019s dates. Note significant changes that occur at this time of year.<\/em><\/p>\n

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

Three Signs of a Coming Bear Market – February 2025 Update! David Keller<\/b><\/p>\n

Three Signs of a Coming Bear Market – February 2025 Update! \u2013 YouTube<\/a><\/p>\n

Trump’s tariff policies could trigger a global recession: David Rosenberg<\/b><\/p>\n

Trump’s tariff policies could trigger a global recession: David Rosenberg \u2013 YouTube<\/a><\/p>\n

Rotation Signals Commodities Springing Back to Life! RRG charts<\/b><\/p>\n

Rotation Signals Commodities Springing Back to Life! \u2013 YouTube<\/a><\/p>\n

Idle Markets Are The Devil\u2019s Workshop: What Investors Should Expect! Guy Adami and Liz Young Thomas.<\/b><\/p>\n

Idle Markets Are The Devil\u2019s Workshop: What Investors Should Expect! \u2013 YouTube<\/a><\/p>\n

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

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

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

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

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

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The intermediate term Barometer added 4.40 to 58.80. It remains Neutral.<\/p>\n

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The long term Barometer added 1.40 to 61.40. It changed from Neutral to Overbought on a move above 60.00. <\/p>\n

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

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The intermediate term Barometer added 5.43 to 49.32. It remains Neutral.<\/p>\n

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The long term Barometer added 1.81 to 62.44. 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 Wednesday February 19th U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points at 8:35 AM EST S&P 500 futures were unchanged following release of U.S. January Housing Starts at 8:30 AM EST. Consensus was a drop to 1.370 million units from 1.499 million units in December. […]<\/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-183697","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/183697","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=183697"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/183697\/revisions"}],"predecessor-version":[{"id":183707,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/183697\/revisions\/183707"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=183697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=183697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=183697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}