{"id":185388,"date":"2025-04-23T19:21:59","date_gmt":"2025-04-23T23:21:59","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=185388"},"modified":"2025-04-24T08:50:13","modified_gmt":"2025-04-24T12:50:13","slug":"tech-talk-for-thursday-april-24th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/04\/23\/tech-talk-for-thursday-april-24th-2025\/","title":{"rendered":"Tech Talk for Thursday April 24th 2025"},"content":{"rendered":"

Pre-opening Comments for Thursday April 24th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 5 points at 8:35 AM EDT.<\/em><\/p>\n

S&P 500 futures recovered 7 points following release of the March Durable Goods Orders<\/b> report at 8:30 AM EDT. Consensus was a 1.6% increase versus a 0.9% gain in February. Actual was a 9.2% gain.<\/em><\/p>\n

Texas Instruments<\/b> advanced $8.38 to $160.22 after reporting higher than consensus first quarter earnings.<\/em><\/p>\n

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IBM <\/b>dropped $12.51 to $233.00 after reporting lower than consensus infrastructure and consulting revenues in the first quarter.<\/em> <\/p>\n

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Raymond James Financial<\/b> dropped $3.15 to $132.18 after reporting less than consensus first quarter earnings.<\/em><\/p>\n

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Chipotle<\/b> dropped $1.76 to $47.00 after reporting less than consensus first quarter revenues. <\/em><\/p>\n

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EquityClock\u2019s Market Outlook for April 24th<\/sup><\/strong><\/font><\/em><\/p>\n

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

While Gold is showing signs of upside exhaustion, don\u2019t count out the longer-term potential for the broader precious metal trade, including the miners. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/04\/23\/stock-market-outlook-for-april-24-2025\/<\/em><\/a><\/p>\n

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

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

Canada iShares<\/b> $EWC moved above intermediate resistance at US$41.92<\/p>\n

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Costar $CSGP a NASDAQ 100 moved above $83.03 extending an intermediate uptrend.<\/p>\n

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Canadian Tire <\/b>$CTC.A.TO a TSX 60 stock moved above Cdn$152.77 resuming an intermediate uptrend. <\/p>\n

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Dollarama <\/b>$DOL.TO a TSX 60 stock moved above Cdn$174.11 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 23rd<\/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 23rd<\/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

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

Daily Seasonal\/Technical Sector Trends for April 23rd<\/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

Bull Markets Don\u2019t Die of Age – They Die of Fear: David Keller<\/b><\/p>\n

https:\/\/www.youtube.com\/shorts\/SKuhKB2u_FM<\/a><\/p>\n

The Fed’s Impossible Dilemma: Why Central Banks Are Panicking<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=KRjUkX9v3Sg<\/a><\/p>\n

SP500 Technical Analysis 4-23-25 (Elliott Wave Theory)<\/b><\/p>\n

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

Stocks Surge As Trump Backtracks on Powell, China: Guy Adami and Dan Nathan<\/b><\/p>\n

<\/b>https:\/\/www.youtube.com\/watch?v=4nzYWnCvHu4<\/a><\/p>\n

Hidden Gems: Bullish Patterns Emerging in These Country ETFs: Joe Rabil<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=4_k9UUm1AnA<\/a><\/p>\n

CHART THIS with David Keller, CMT Wednesday 4\/23\/25<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=sKuU601vOMk<\/a><\/p>\n

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

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The intermediate term Barometer added 3.60 to 27.80. It remains Oversold. Daily uptrend resumed.<\/p>\n

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The long term Barometer added 0.40 to 31.20. It remains Oversold.<\/p>\n

Short term (20 days) Barometer jumped 11.80 to 45.20. Daily uptrend was extended.<\/p>\n

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

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Intermediate term Barometer added 1.83 to 43.12. It remains Neutral.<\/p>\n

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The long term Barometer added 2.29 to 47.25. It remains Neutral. Daily uptrend was extended.<\/p>\n

Short term (20 days) Barometer jumped 11.01 to 58.26. Daily uptrend was extended. <\/p>\n

<\/b><\/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 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:35 AM EDT. S&P 500 futures recovered 7 points following release of the March Durable Goods Orders report at 8:30 AM EDT. Consensus was a 1.6% increase versus a 0.9% gain in February. […]<\/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-185388","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185388","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=185388"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185388\/revisions"}],"predecessor-version":[{"id":185398,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185388\/revisions\/185398"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=185388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=185388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=185388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}