{"id":186933,"date":"2025-06-24T22:38:06","date_gmt":"2025-06-25T02:38:06","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=186933"},"modified":"2025-06-25T08:48:20","modified_gmt":"2025-06-25T12:48:20","slug":"tech-talk-for-wednesday-june-25th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/06\/24\/tech-talk-for-wednesday-june-25th-2025\/","title":{"rendered":"Tech Talk for Wednesday June 25th 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday June 25th<\/sup><\/strong><\/font><\/em><\/p>\n

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

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

FedEx d<\/b>ropped $4.51 to $224.51 after issuing fiscal first quarter guidance below consensus<\/em><\/p>\n

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

Blackberry <\/b>advanced $0.39 to US$4.72 after reporting higher than consensus quarterly results. The company also offered positive guidance. <\/em><\/p>\n

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<\/em><\/a><\/p>\n

Microsoft<\/b> gained $1.24 to $491.35 after Wells Fargo hiked its target price on the stock.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for June 25th<\/sup><\/strong><\/font><\/em><\/p>\n

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

The key to this equity market for a successful summer rally period is oil, yields, and the dollar. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/06\/24\/stock-market-outlook-for-june-25-2025\/<\/em><\/a><\/p>\n

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

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

NASDAQ 100 Trust Units<\/b> (QQQ) moved above $539.40 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until August 13th<\/sup>. See https:\/\/charts.equityclock.com\/invesco-qqq-trust-nasdqqq-seasonal-chart<\/a><\/p>\n

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Technology SPDRs<\/b> (XLK) moved above $242.31 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until August 31st<\/sup>. See:<\/p>\n

https:\/\/charts.equityclock.com\/technology-select-sector-spdr-fund-nysexlk-seasonal-chart<\/a><\/p>\n

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

Strength in XLK was led by semiconductor stocks. Semiconductor ETF<\/b> (SMH) moved above $269.66 extending an intermediate uptrend. Seasonal influences on real and relative basis are favourable until July 31st<\/sup>. See https:\/\/charts.equityclock.com\/vaneck-vectors-semiconductor-etf-nysesmh-seasonal-chart<\/a><\/p>\n

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S&P\/TSE Information Technology iShares<\/b> (XIT.TO) moved above Cdn$70.77 extending an intermediate uptrend. Seasonal influences are favourable until the end of August. See:<\/p>\n

https:\/\/charts.equityclock.com\/ishares-sptsx-capped-information-technology-index-etf-tsexit-to-seasonal-chart<\/a><\/p>\n

\"clip_image004\"<\/a><\/p>\n

S&P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included Ford (F), Capital One (COF), JP Morgan (JPM), Dex<\/a>com (DXCM) and Autodesk (ADSK)<\/b><\/p>\n

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Commerce Bank<\/b> (CM.TO) a TSX 60 stock moved above Cdn$96.45 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until October 27th<\/sup>. See<\/p>\n

https:\/\/charts.equityclock.com\/canadian-imperial-bank-of-commerce-tsecm-seasonal-chart<\/a><\/p>\n

\"clip_image007\"<\/a><\/p>\n

Brookfield (<\/b>BN.TO) a TSX 60 stock moved above $84.15 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 24th<\/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 June 24th<\/sup> 2025<\/p>\n

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

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

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

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

Daily Seasonal\/Technical Sector Trends for June 24th<\/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

"Tweet or Two Away" from All-Time Highs, Watching Transports Ahead of Tariff Deadline<\/b><\/p>\n

"Tweet or Two Away" from All-Time Highs, Watching Transports Ahead of Tariff Deadline \u2013 YouTube<\/a><\/p>\n

Markets Rally On Ceasefire Hopes: Dan Nathan and Guy Adami<\/b><\/p>\n

Markets Rally On Ceasefire Hopes \u2013 YouTube<\/a><\/p>\n

There are more gains ahead for the markets in the second half, says Bespoke’s Paul Hickey<\/b><\/p>\n

There are more gains ahead for the markets in the second half, says Bespoke’s Paul Hickey \u2013 YouTube<\/a><\/p>\n

Housing market will have ‘worst year in decades,’ analyst says<\/b><\/p>\n

Housing market will have ‘worst year in decades,’ analyst says \u2013 YouTube<\/a><\/p>\n

Expect the S&P 500 to end the year around 5,500, says Stifel’s Barry Banniste<\/b><\/p>\n

Expect the S&P 500 to end the year around 5,500, says Stifel’s Barry Bannister \u2013 YouTube<\/a><\/p>\n

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

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

The intermediate term Barometer added 4.00 to 76.80. It remains Overbought.<\/p>\n

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

The long term Barometer added 2.00 to 54.40. It remains Neutral<\/p>\n

Short term (20 days) Barometer jumped from 59.60 to 70.00. Once again, it has returned to Overbought.<\/p>\n

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

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

The intermediate term Barometer slipped 0.92 to 87.10. It remains Overbought.<\/p>\n

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The long term Barometer added 1.84 to 76.04. It remains Overbought.<\/p>\n

Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at <\/em><\/p>\n

www.equityclock.com 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 June 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EDT. FedEx dropped $4.51 to $224.51 after issuing fiscal first quarter guidance below consensus Blackberry advanced $0.39 to US$4.72 after reporting higher than consensus quarterly results. The company also offered positive […]<\/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-186933","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186933","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=186933"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186933\/revisions"}],"predecessor-version":[{"id":186941,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/186933\/revisions\/186941"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=186933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=186933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=186933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}