{"id":186089,"date":"2025-05-20T18:53:57","date_gmt":"2025-05-20T22:53:57","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=186089"},"modified":"2025-05-21T10:24:54","modified_gmt":"2025-05-21T14:24:54","slug":"tech-talk-for-wednesday-may-21st-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/05\/20\/tech-talk-for-wednesday-may-21st-2025\/","title":{"rendered":"Tech Talk for Wednesday May 21st 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday May 21st<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 35 points at 8:30 AM EDT. Futures responded to news that Israel is planning an attack on Iran\u2019s nuclear facilities.<\/em><\/p>\n

Toll Brothers<\/b> added $5.59 to $110.10 after reporting higher than consensus fiscal second quarter revenues. The company also offered positive guidance.<\/em><\/p>\n

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Palo Alto<\/b> dropped $7.48 to $187.00 after reporting third quarter earnings below consensus<\/em><\/p>\n

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Take Two Interactive<\/b> dropped $8.00 to $229.50 after proposing a $1 billion stock offering. <\/em><\/p>\n

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Target<\/b> dropped $4.42 to $93.70 after reporting less than consensus first quarter results. The company also lowered guidance.<\/em> <\/p>\n

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EquityClock\u2019s Market Outlook for May 21st<\/strong><\/font><\/em><\/p>\n

Impact of the US debt downgrade is filtering in, pushing the 30-Year T-Yield above 5% and resulting in a rollover of the US Dollar. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/05\/20\/stock-market-outlook-for-may-21-2025\/<\/em><\/a><\/p>\n

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

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

Platinum ETN<\/b> $PPLT moved above $91.91 and $96.38 setting an intermediate uptrend. <\/p>\n

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Global Water ETF<\/b> $CGW moved above $60.20 to an all-time high extending an intermediate uptrend. <\/p>\n

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Vietnam <\/b>ETF $VNM moved above $12.80, $12.89 and $13.00 setting an intermediate uptrend. <\/p>\n

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Ford <\/b>$F an S&P 100 stock moved above $10.82 resuming an intermediate uptrend.<\/p>\n

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Canadian Imperial Bank of Commerce<\/b> $CM.TO a TSX 60 stock moved above Cdn$93.38 to an all-time high resuming an intermediate uptrend.<\/p>\n

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Rogers Communications<\/b> $RCI.B.TO a TSX 60 stock moved above Cdn$36.19 completing a double bottom pattern.. <\/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 20th<\/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 May 20th<\/sup> 2025<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for May 20th<\/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

Not All Price Gaps Are the Same! Here’s What You Need to Know: David Teller<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=phEJMi4u8-s<\/a><\/p>\n

Market Call: Eric Nuttall’s outlook on energy stocks<\/b><\/p>\n

Market Call: Eric Nuttall’s outlook on energy stocks \u2013 YouTube<\/a><\/p>\n

Earnings preview for Canadian banks<\/b><\/p>\n

Earnings preview for Canadian banks \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer slipped 0.20 to 79.20. It remains Overbought.<\/p>\n

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The long term Barometer slipped 0.80 to 56.20. It remains Neutral.<\/p>\n

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

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The intermediate term Barometer added 5.53 to 83.41. It remains Overbought. Daily uptrend was extended.<\/p>\n

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The long term Barometer added 3.69 to 69.59. It remains Overbought. Daily uptrend was extended. <\/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 21st U.S. equity index futures were lower this morning. S&P 500 futures were down 35 points at 8:30 AM EDT. Futures responded to news that Israel is planning an attack on Iran\u2019s nuclear facilities. Toll Brothers added $5.59 to $110.10 after reporting higher than consensus fiscal second quarter revenues. 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-186089","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186089","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=186089"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186089\/revisions"}],"predecessor-version":[{"id":186099,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186089\/revisions\/186099"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=186089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=186089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=186089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}