{"id":186549,"date":"2025-06-09T22:47:52","date_gmt":"2025-06-10T02:47:52","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=186549"},"modified":"2025-06-10T08:58:34","modified_gmt":"2025-06-10T12:58:34","slug":"tech-talk-for-tuesday-june-10th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/06\/09\/tech-talk-for-tuesday-june-10th-2025\/","title":{"rendered":"Tech Talk for Tuesday June 10th 2025"},"content":{"rendered":"

Pre-opening Comments for Tuesday June 10th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were this morning. <\/b>S&P 500 futures were up 9 points at 8:30 AM EDT.<\/em><\/p>\n

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

Taiwan Semiconductors<\/b> advanced $3.51 to $210.51 after reporting a 40% increase in May sales.<\/em><\/p>\n

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

Cracker Barrel <\/b>dropped $3.74 to $57.00 after announcing a plan to issue a $275 million convertible note.<\/em><\/p>\n

\"clip_image002[1]\"<\/em><\/a><\/p>\n

Casey<\/em><\/a>\u2019s General Store<\/em><\/b> advanced $37.46 to $476.75 after releasing higher than consensus fiscal fourth quarter earnings and after increasing its annual dividend by 14%. The company also offered positive guidance.<\/em><\/p>\n

\"clip_image003[1]\"<\/a><\/p>\n

Lakeland Industries<\/b> dropped $3.01 to $16.35 after reporting less than consensus first quarter results.<\/em><\/p>\n

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EquityClock\u2019s market outlook for June 10th<\/sup><\/strong><\/font><\/em><\/p>\n

A precious metal catch-up trade has materialized and we are there for it. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/06\/09\/stock-market-outlook-for-june-10-2025\/<\/em><\/a><\/p>\n

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

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

WTI Crude Oil<\/b> moved above US$64.86 completing a double bottom pattern.<\/p>\n

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

Amex Biotech ETF<\/b> (FBT) moved above $165.25 setting an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until the third week in July. See First Trust NYSE Arca Biotechnology Index Fund (NYSE:FBT) Seasonal Chart | Equity Clock<\/a><\/p>\n

\"clip_image002\"<\/a><\/p>\n

US Telecommunications iShares<\/b> (IYZ) moved above $28.78 to a three year high extending an intermediate uptrend. Seasonal influences are favourable until the end of July. See: iShares U.S. Telecommunications ETF (NYSE:IYZ) Seasonal Chart | Equity Clock<\/a><\/p>\n

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Steel ETF<\/b> (SLX) moved above $64.89 and $65.04 extending an intermediate uptrend.<\/p>\n

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S&P\/TSE Energy iShares<\/b> (XEG.TO) moved above Cdn$16.97 extending an intermediate uptrend. Responding to higher WTI Crude oil prices.<\/p>\n

\"clip_image005\"<\/a><\/p>\n

Amazon <\/b>$AMZN a Dow Jones Industrial Average stock moved above $214.84 resuming an intermediate uptrend. Seasonal influences are favourable until the end of July. See: Amazon.com, Inc. (NASD:AMZN) Seasonal Chart | Equity Clock<\/a><\/p>\n

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Pfizer<\/b> (PFE) a Dow Jones Industrial Average stock moved above $23.98 completing a double bottom pattern.<\/p>\n

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Cameco <\/b>a TSX 60 stock moved above Cdn$88.18 and US$62.55 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 June 9th<\/sup> 2025<\/p>\n

\"clip_image012\"<\/a>0<\/p>\n

Green: Increase from previous day<\/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 June 9th<\/sup> 2025<\/p>\n

\"clip_image014\"<\/a><\/b><\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for June 9th<\/sup> 2025<\/p>\n

\"clip_image016\"<\/a><\/p>\n

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

Taking Stock of S&P 500 Sectors with Carter Worth<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=rMLxYFor5T8<\/a><\/p>\n

From Tariffs to Tech: Where Smart Money\u2019s Moving Right Now: Mary Ellen McGonagle<\/b><\/p>\n

From Tariffs to Tech: Where Smart Money\u2019s Moving Right Now \u2013 YouTube<\/a><\/p>\n

SPX Consolidation Into CPI, Health Care Poised for Bounce: Schwab Network<\/b><\/p>\n

SPX Consolidation Into CPI, Health Care Poised for Bounce \u2013 YouTube<\/a><\/p>\n

Yardeni: Economy buoyed by generous baby boomers helping kids and spending<\/b><\/p>\n

Yardeni: Economy buoyed by generous baby boomers helping kids and spending \u2013 YouTube<\/a><\/p>\n

Ted Oakley – Oxbow Interview Series – David Rosenberg June 6, 2025<\/b><\/p>\n

Ted Oakley – Oxbow Interview Series – David Rosenberg June 6, 2025 \u2013 YouTube<\/a><\/p>\n

Why this strategist says not everything is fine with the US economy: David Kelly, JP Morgan<\/b><\/p>\n

Why this strategist says not everything is fine with the US economy \u2013 YouTube<\/a><\/p>\n

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

\"clip_image017\"<\/a><\/p>\n

The intermediate term Barometer added 1.20 to 74.60. It remains Overbought.<\/p>\n

\"clip_image018\"<\/a><\/p>\n

The long term Barometer added 0.20 to 52.40. It remains Neutral.<\/p>\n

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

\"clip_image019\"<\/a><\/p>\n

The intermediate term Barometer was unchanged at 90.32. It remains Overbought. Daily trend remains up.<\/p>\n

\"clip_image020\"<\/a><\/p>\n

The long term Barometer added 1.38 to 76.04. 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 Tuesday June 10th U.S. equity index futures were this morning. S&P 500 futures were up 9 points at 8:30 AM EDT. Taiwan Semiconductors advanced $3.51 to $210.51 after reporting a 40% increase in May sales. Cracker Barrel dropped $3.74 to $57.00 after announcing a plan to issue a $275 million convertible note. […]<\/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-186549","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186549","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=186549"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186549\/revisions"}],"predecessor-version":[{"id":186559,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186549\/revisions\/186559"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=186549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=186549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=186549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}