{"id":185685,"date":"2025-05-05T22:49:56","date_gmt":"2025-05-06T02:49:56","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=185685"},"modified":"2025-05-06T08:46:37","modified_gmt":"2025-05-06T12:46:37","slug":"tech-talk-for-tuesday-may-6th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/05\/05\/tech-talk-for-tuesday-may-6th-2025\/","title":{"rendered":"Tech Talk for Tuesday May 6th 2025"},"content":{"rendered":"

Pre-opening Comments for Tuesday May 6th<\/sup> 2025<\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 51 points at 8:35 AM EDT.<\/em><\/p>\n

S&P 500 futures dropped an additional 4 points following release of the U.S. March Trade Report<\/b> at 8:30 AM EDT. Consensus was a $137.6 billion deficit. Actual was a $140.5 billion deficit.<\/em><\/p>\n

Clorox <\/b>dropped $3.92 to $134.47 after weaker than consensus sales in the second quarter.<\/em><\/p>\n

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

Vertex <\/b>dropped $14.18 to $486.01 after reporting less than consensus first quarter profits.<\/em> <\/p>\n

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Hims & Hers Health<\/b> dropped $1.33 to $40.55 after lowering guidance below consensus.<\/em><\/p>\n

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Ford <\/b>dropped $0.21 to $9.96 after issuing a profit warning.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for May 6th<\/sup><\/strong><\/font><\/em><\/p>\n

Domestic equity benchmarks showing reaction to a highly pivotal point at the 50-week moving average, but a couple of risk metrics will provide the cue as to whether the market will realize heightened risk-aversion during this off-season for stocks. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/05\/05\/stock-market-outlook-for-may-6-2025\/<\/em><\/a><\/p>\n

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

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

Emerging Markets iShares<\/b> moved above intermediate resistance at $45.42. Trend changed from Down to Neutral. <\/p>\n

\"clip_image001\"<\/a><\/p>\n

India ETF<\/b> $PIN moved above US$26.33 to an all-time high extending an intermediate uptrend. <\/p>\n

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South Korea iShares<\/b> $EWY moved above $58.53 setting an intermediate uptrend.<\/p>\n

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Monster Beverages<\/b> $MNST a NASDAQ 100 stock moved above $61.22 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 May 5th<\/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 May 5th<\/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 May 5th<\/sup> 2025<\/p>\n

\"clip_image012\"<\/a><\/p>\n

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

Warren Buffet’s Massive Cash Pile, Retirement & What It Signals For Investors: Guy Adami and Dan Nathan.<\/b><\/p>\n

Warren Buffet’s Massive Cash Pile, Retirement & What It Signals For Investors \u2013 YouTube<\/a><\/p>\n

Expect turbulent times ahead unless we see an unwinding of tariffs soon: Wharton’s Jeremy Siegel<\/b><\/p>\n

Expect turbulent times ahead unless we see an unwinding of tariffs soon: Wharton’s Jeremy Siegel \u2013 YouTube<\/a><\/p>\n

Economist says this is when the Fed will cut rates<\/b><\/p>\n

Economist says this is when the Fed will cut rates \u2013 YouTube<\/a><\/p>\n

Trade war and U.S. tariffs: Carney to meet Trump on Tuesday<\/b><\/p>\n

Trade war and U.S. tariffs: Carney to meet Trump on Tuesday \u2013 YouTube<\/a><\/p>\n

SPX Path to All-Time Highs, Futures Technicals Offer Bullish Support<\/b><\/p>\n

SPX Path to All-Time Highs, Futures Technicals Offer Bullish Support \u2013 YouTube<\/a><\/p>\n

Larry Berman on BNNBloomberg<\/b><\/p>\n

Larry Berman’s Market Outlook \u2013 BNN Bloomberg<\/a><\/p>\n

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

\"clip_image013\"<\/a><\/p>\n

The intermediate term Barometer dropped 2.20 to 54.20. It remains Neutral.<\/p>\n

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The long term Barometer dropped 1.20 to 42.80. It remains Neutral.<\/p>\n

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

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The intermediate term Barometer dropped 0.92 to 58.72. It remains Neutral.<\/p>\n

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The long term Barometer added 0.46 to 54.13. 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 Tuesday May 6th 2025 U.S. equity index futures were lower this morning. S&P 500 futures were down 51 points at 8:35 AM EDT. S&P 500 futures dropped an additional 4 points following release of the U.S. March Trade Report at 8:30 AM EDT. Consensus was a $137.6 billion deficit. Actual was a […]<\/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-185685","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185685","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=185685"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185685\/revisions"}],"predecessor-version":[{"id":185695,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185685\/revisions\/185695"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=185685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=185685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=185685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}