{"id":184900,"date":"2025-04-02T22:38:01","date_gmt":"2025-04-03T02:38:01","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=184900"},"modified":"2025-04-03T08:57:18","modified_gmt":"2025-04-03T12:57:18","slug":"tech-talk-for-thursday-april-3rd-2025-2","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/04\/02\/tech-talk-for-thursday-april-3rd-2025-2\/","title":{"rendered":"Tech Talk for Thursday April 3rd 2025"},"content":{"rendered":"

Pre-opening Comments for Thursday April 3rd<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity indices moved sharply lower<\/b> following President Trump\u2019s tariff announcement released after the close yesterday. S&P 500 Index dropped 188.00 to 5,524.75. Dow Jones Industrial Average dropped 1,198 to 41,292. NASDAQ 100 Index dropped 796.50 to 19,011.50<\/em><\/p>\n

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The Canadian Dollar<\/b> advanced 0.66 to US70.94 on weakness in the U.S. Dollar Index<\/em><\/p>\n

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Notably weaker following Trump\u2019s announcement were U.S. big cap technology stocks. Apple<\/b> dropped $16.00 to $207.93. Amazon<\/b> dropped $12.16 to $183.85. Meta Platform<\/b> dropped $26.43 to $557.12. Alphabet <\/b>dropped $4.59 to $154.27.<\/em><\/p>\n

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

EquityClock\u2019s Market Outlook for April 3rd<\/sup><\/strong><\/font><\/em><\/p>\n

The rotation that benefited stocks outside of the US during the first quarter is under scrutiny as the All-Country World ex-US index carves out double-top resistance. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/04\/02\/stock-market-outlook-for-april-3-2025\/ Technical Notes<\/strong><\/font><\/em><\/a><\/p>\n

Dollarama<\/b> $DOL.TO a TSX 60 stock moved above Cdn$156.25 to an all-time high extending an intermediate uptrend.<\/p>\n

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Manulife Financial<\/b> $MFC.T0 a TSX 60 stock moved above Cdn$45.65 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 April 2nd<\/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 April 2nd<\/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 April 2nd<\/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

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

Trend-Following Stocks: How Low ADX Can Signal Huge Breakouts!<\/b><\/p>\n

Trend-Following Stocks: How Low ADX Can Signal Huge Breakouts! \u2013 YouTube<\/a><\/p>\n

Uncertain times require investor discipline, not reaction, says BMO Capital Markets’ Brian Belski<\/b><\/p>\n

Uncertain times require investor discipline, not reaction, says BMO Capital Markets’ Brian Belski \u2013 YouTube<\/a><\/p>\n

Hot Picks in natural gas stocks<\/b><\/p>\n

Hot Picks in natural gas stocks \u2013 YouTube<\/a><\/p>\n

Chart This with David Keller<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=ZR0m-y9er60<\/a><\/p>\n

Mish Schneider on Macro Themes, Silver Versus Gold, and the Economic Modern Family<\/b><\/p>\n

Mish Schneider on Macro Themes, Silver Versus Gold, and the Economic Modern Family \u2013 YouTube<\/a><\/p>\n

Earnings are likely to hold up better than expectations, says Fundstrat’s Tom Lee<\/b><\/p>\n

Earnings are likely to hold up better than expectations, says Fundstrat’s Tom Lee \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer added 0.60 to 42.80. It remains Neutral.<\/p>\n

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The long term Barometer advanced 4.40 to 49.80. It remains Neutral.<\/p>\n

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

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The intermediate term Barometer added 1.83 to 58.26. It remains Neutral.<\/p>\n

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The long term Barometer added 2.29 to 59.63. It remains Neutral. Daily uptrend resumed.<\/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 April 3rd U.S. equity indices moved sharply lower following President Trump\u2019s tariff announcement released after the close yesterday. S&P 500 Index dropped 188.00 to 5,524.75. Dow Jones Industrial Average dropped 1,198 to 41,292. NASDAQ 100 Index dropped 796.50 to 19,011.50 The Canadian Dollar advanced 0.66 to US70.94 on weakness in the […]<\/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-184900","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/184900","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=184900"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/184900\/revisions"}],"predecessor-version":[{"id":184910,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/184900\/revisions\/184910"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=184900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=184900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=184900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}