{"id":185923,"date":"2025-05-13T20:32:25","date_gmt":"2025-05-14T00:32:25","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=185923"},"modified":"2025-05-14T08:57:36","modified_gmt":"2025-05-14T12:57:36","slug":"tech-talk-for-wednesday-may-14th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/05\/13\/tech-talk-for-wednesday-may-14th-2025\/","title":{"rendered":"Tech Talk for Wednesday May 14th 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday May 14th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning.<\/b> S&P 500 futures were up 16 points at 8:30 AM EDT.<\/em><\/p>\n

American Eagle Outfitters<\/b> $AEO dropped $2.09 to $10.63 after withdrawing guidance. The company also announced an inventory write down valued at $75 million.<\/em><\/p>\n

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Exelixis <\/b>gained $2.35 to $39.30 after reporting higher than consensus first quarter results. The company also raised guidance.<\/em> <\/p>\n

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Super Micro Computers<\/b> gained $6.02 to $44.91 after Raymond James upgraded the stock to Outperform. <\/em><\/p>\n

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Nvidia<\/b> added$3.91 to $133.81 after the company reached a deal with Saudi Arabia to supply its latest computer chips.<\/em><\/p>\n

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EquityClock\u2019s Market Opinion for May 14th<\/sup><\/strong><\/font><\/em><\/p>\n

Treasury yields rise following a cooler than anticipated report on inflationary pressures as the seasonal trade in the bond market derails early into this offseason for stocks. See: <\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/05\/13\/stock-market-outlook-for-may-14-2025\/ Technical Notes<\/strong><\/font><\/em><\/a><\/p>\n

The \u201cMagnificent Seven\u201d ETF\u201d<\/b> $MAGS has come alive again. Nice move above $49.46!<\/p>\n

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Base Metals ETN<\/b> $DBB (One third weighted each in copper, zinc and aluminum) moved above $18.69 setting an intermediate uptrend. Base metals equity ETFs (XBM.TO in Canada and PICK in the U.S. responded accordingly.<\/p>\n

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Caterpillar<\/b> $CAT a Dow Jones Industrial Average stock moved above $350.72 extending an intermediate uptrend. <\/p>\n

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MasterCard<\/b> $MA an S&P 100 stock moved above $581.31 to an all-time extending an intermediate uptrend. <\/p>\n

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KLA Corp<\/b> $KLAC a NASDAQ 100 stock moved above $792.21 extending an intermediate uptrend. <\/p>\n

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Nutrien<\/b> $NTR.TO a TSX 60 stock moved above Cdn$79.30 extending an intermediate uptrend.<\/p>\n

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U.S. Healthcare Providers iShares<\/b> $IHF moved below $47.11 extending an intermediate downtrend.<\/p>\n

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IHF as well as the Dow Jones Industrial Average were heavily influenced with a drop by UnitedHealth Group<\/b> $UNH to a four year low. The company issued a earnings warning.<\/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 13th<\/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 13th<\/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

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

Daily Seasonal\/Technical Sector Trends for May 13th<\/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

Is This Rally Built to Last? Guy Adami and Dan Nathan<\/b><\/p>\n

Is This Rally Built to Last? \u2013 YouTube<\/a><\/p>\n

Relief Rally Is Overdone, Says JPM’s Kelly<\/b><\/p>\n

Relief Rally Is Overdone, Says JPM’s Kelly \u2013 YouTube<\/a><\/p>\n

Tariff effects are going to show up in next month’s CPI data, says Morgan Stanley’s Ellen Zentne<\/b><\/p>\n

Tariff effects are going to show up in next month’s CPI data, says Morgan Stanley’s Ellen Zentner \u2013 YouTube<\/a><\/p>\n

CFRA’s Sam Stovall: Market still has more upside potential<\/b><\/p>\n

CFRA’s Sam Stovall: Market still has more upside potential \u2013 YouTube<\/a><\/p>\n

50% of S&P 500 Stocks Just Turned Bullish \u2013 What Happens Next? David Keller<\/b><\/p>\n

50% of S&P 500 Stocks Just Turned Bullish \u2013 What Happens Next? \u2013 YouTube<\/a><\/p>\n

50% of S&P 500 Stocks Just Turned Bullish \u2013 What Happens Next? David Keller<\/b><\/p>\n

50% of S&P 500 Stocks Just Turned Bullish \u2013 What Happens Next? \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer dropped 2.60 to 69.80. It remains Overbought.<\/p>\n

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The long term Barometer slipped 0.60 to 52.40. It remains Neutral.<\/p>\n

Short term (20 days) Barometer dropped another 4.20 to 76.20. It peaked at 86.60 on May 5th.<\/sup> .<\/p>\n

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

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The intermediate term Barometer added 1.38 to 78.90. It remains Overbought. Daily trend remains up.<\/p>\n

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The long term Barometer added 1.83 to 65.60. It remains Overbought. Daily trend remains up.<\/p>\n

The short term (20 days) Barometer dropped 2.75 to 72.02. It peaked last Friday at 87.61.<\/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 May 14th U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:30 AM EDT. American Eagle Outfitters $AEO dropped $2.09 to $10.63 after withdrawing guidance. The company also announced an inventory write down valued at $75 million. Exelixis gained $2.35 to $39.30 after reporting […]<\/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-185923","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185923","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=185923"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185923\/revisions"}],"predecessor-version":[{"id":185933,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/185923\/revisions\/185933"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=185923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=185923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=185923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}