{"id":185244,"date":"2025-04-16T22:15:00","date_gmt":"2025-04-17T02:15:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=185244"},"modified":"2025-04-17T08:50:57","modified_gmt":"2025-04-17T12:50:57","slug":"tech-talk-for-thursday-april-17th-2025-2","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/04\/16\/tech-talk-for-thursday-april-17th-2025-2\/","title":{"rendered":"Tech Talk for Thursday April 17th 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday April 17th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures<\/b> (except the Dow Jones Industrial Average with its heavy weight in UnitedHealth Group) were higher this morning<\/b>. S&P 500 futures were up 41 points at 8:35 AM EDT<\/em><\/p>\n

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

S&P 500 Index futures added 15 points following release of <\/b>economic news at 8:30 AM EDT. Consensus for U.S. March Housing Starts<\/b> was a drop to 1.420 million units from 1.501 million units in February. Actual was a drop to 1.324 million units. Consensus for the April Philly Fed Manufacturing Index<\/b> was a drop to 3.1 from 12.5 in March. Actual was a drop to -26.4.<\/em><\/p>\n

UnitedHealth Group<\/b> plunged $116.04 to $468.82 after reporting less than consensus first quarter results.<\/em><\/p>\n

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Alcoa <\/b>dropped $0.25 to $24.70 after the company indicated no immediate plans to restart its idled U.S. production capacity, despite the Trump administration’s new tariffs on imports.<\/em><\/p>\n

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Taiwan Semiconductor<\/b> advanced $4.72 to $156.39 after reporting higher than consensus first quarter results.<\/em><\/p>\n

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EquityClock\u2019s Outlook for April 17th<\/sup><\/strong><\/font><\/em><\/p>\n

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

The Dollar Index is pushing below significant multi-year support at 100 and the breakdown may be just getting started. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/04\/16\/stock-market-outlook-for-april-17-2025\/<\/em><\/a><\/p>\n

New Investment Opportunities in the Energy Sector: Josef Schachter<\/strong><\/font><\/em><\/p>\n

New Investment Opportunities in the Energy Sector \u2013 YouTube<\/em><\/a><\/p>\n

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

Silver Miners ETF<\/b> $SIL moved above $41.52 extending an intermediate uptrend. <\/p>\n

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Barrick Gold<\/b> $ABX.TO a TSX 60 stock moved above Cdn$28.99 to a 3 year 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 16th<\/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 April 16th<\/sup> 2025<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for April 16th<\/sup> 2025<\/p>\n

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

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

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

Nvidia Drags Down Tech Stocks: Guy Adami and Dan Nathan<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=bpicNW7-pwA<\/a><\/p>\n

What’s the reasoning behind the Bank of Canada interest decision?<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=6rbJ1ELBw34<\/a><\/p>\n

Trade Pullbacks Like a Pro: Simple Moving Average Strategy That Works: Joe Rabil<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=zOMBmkBaP6A<\/a><\/p>\n

What More Could Go Wrong? ValueTrendCanada<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=f99wN-eSaJs<\/a><\/p>\n

Hedgeye Investing Summit Spring 2025 | , Portfolio Manager for PINK Shares for the Cure<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=fhUvC-fH6pQ<\/a><\/p>\n

CHART THIS with David Keller, CMT Wednesday 4\/16\/25<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=g5gOz96CpQ4<\/a><\/p>\n

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

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The intermediate term Barometer dropped 4.60 to 21.60. It remains Oversold.<\/p>\n

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The long term Barometer dropped 2.00 to 29.60. It remains Oversold.<\/p>\n

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

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The intermediate term Barometer added 4.59 to 42.20. It changed from Oversold to Neutral on a move above 40.00. Daily uptrend was extended. <\/p>\n

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The long term Barometer slipped 0.46 to 43.12. It remains Neutral.<\/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 April 17th U.S. equity index futures (except the Dow Jones Industrial Average with its heavy weight in UnitedHealth Group) were higher this morning. S&P 500 futures were up 41 points at 8:35 AM EDT S&P 500 Index futures added 15 points following release of economic news at 8:30 AM EDT. Consensus […]<\/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-185244","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185244","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=185244"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185244\/revisions"}],"predecessor-version":[{"id":185252,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185244\/revisions\/185252"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=185244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=185244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=185244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}