{"id":186296,"date":"2025-05-29T20:59:03","date_gmt":"2025-05-30T00:59:03","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=186296"},"modified":"2025-05-30T08:59:25","modified_gmt":"2025-05-30T12:59:25","slug":"tech-talk-for-friday-may-30th","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/05\/29\/tech-talk-for-friday-may-30th\/","title":{"rendered":"Tech Talk for Friday May 30th"},"content":{"rendered":"

Pre-opening Comments for Friday May 30th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 18 points at 8:35 AM EST. Index futures moved lower after President Trump said that China has violated its tariff agreement with the United States.<\/em><\/p>\n

S&P 500 futures recovered 15 points following release of economic news at 8:30 AM EDT. Consensus for April Core PCE Price Index<\/b> was a 0.1% increase versus no change in March. Actual was a 0.1% increase. Consensus for April U.S. Personal Income<\/b> was a 0.3% increase versus a 0.5% increase in March. Actual was a 0.8% increase. Consensus for April U.S. Personal Spending<\/b> was a 0.2% increase versus a 0.7% gain in March. Actual was a 0.2% increase.<\/em><\/p>\n

The Canadian Dollar added US0.04 cents to 72.47 cents following release of Canada\u2019s March GDP <\/b>at 8:30 AM EDT. Consensus was a 0.1% increase versus a 0.2% gain in February. Actual was a 0.1% increase.<\/em><\/p>\n

Dell Computer<\/b> added $5.66 to $118.84 after reporting higher than consensus second quarter results. The company also raised guidance.<\/em><\/p>\n

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American Eagle Outfitters<\/b> dropped $1.03 to $10.15 after lowering guidance.<\/em> <\/p>\n

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Ulta Beauty<\/b> advanced $30.61 to $452.40 after reporting higher than consensus first quarter revenues and earnings.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for May 30th<\/sup><\/strong><\/font><\/em><\/p>\n

Investors not all that enthusiastic about stocks at present levels, although positioning is more balanced compared to the complacent levels that were recorded in January. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/05\/29\/stock-market-outlook-for-may-30-2025\/<\/em><\/a><\/p>\n

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

Copart<\/b> $CPRT a NASDAQ 100 stock moved below $51.72 setting an intermediate downtrend.<\/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 29th<\/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 29th<\/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

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

Daily Seasonal\/Technical Sector Trends for May 29th<\/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

Why Bonds Matter to Stock Investors: Keith Richards<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=_0Vro1yjgqU<\/a><\/p>\n

2 Must-Know Signals to Tune Out Bearish Noise: Tom Bowley<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=H17Q7B3oyCw<\/a><\/p>\n

Tariffs Blocked In Court… What’s Next? Guy Adami and Dan Nathan<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=rvXSlUdEMS0<\/a><\/p>\n

Tom Lee: Stock rally will be cyclical when markets believe tariff story is behind us<\/b><\/p>\n

Tom Lee: Stock rally will be cyclical when markets believe tariff story is behind us \u2013 YouTube<\/a><\/p>\n

RBC’s Helima Croft on oil: Here are the major negotiations to monitor<\/b><\/p>\n

RBC’s Helima Croft on oil: Here are the major negotiations to monitor \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer added 2.80 to 69.00. It remains Overbought.<\/p>\n

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The long term Barometer added 0.60 to 50.00. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer slipped 0.92 to 86.64. It remains Overbought.<\/p>\n

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The long term Barometer added 0.46 to 73.27. It remains Overbought. Daily trend remains up.<\/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 Friday May 30th U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EST. Index futures moved lower after President Trump said that China has violated its tariff agreement with the United States. S&P 500 futures recovered 15 points following release of economic news […]<\/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-186296","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186296","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=186296"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186296\/revisions"}],"predecessor-version":[{"id":186304,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186296\/revisions\/186304"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=186296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=186296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=186296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}