{"id":187131,"date":"2025-07-02T19:47:58","date_gmt":"2025-07-02T23:47:58","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=187131"},"modified":"2025-07-03T10:03:44","modified_gmt":"2025-07-03T14:03:44","slug":"tech-talk-for-thursday-july-3rd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/07\/02\/tech-talk-for-thursday-july-3rd-2025\/","title":{"rendered":"Tech Talk for Thursday July 3rd 2025"},"content":{"rendered":"

Next Tech Talk report<\/em><\/strong><\/span><\/p>\n

Next report will be released on Monday July 7th<\/sup><\/b>. Trading in U.S. exchanges closes today at 1:00 PM. U.S. exchanges are closed tomorrow.<\/em><\/p>\n

Pre-opening Comments for Thursday July 3rd<\/sup><\/strong><\/span><\/p>\n

U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:35 AM EDT.<\/p>\n

S&P 500 futures added 12 points following release of U.S. economic news at 8:30 AM EDT. Consensus for June U.S. Non-farm Payrolls<\/b> was a drop to 110,000 from an upwardly revised 144,000 in May. Actual was 147,000. Consensus for the June Unemployment<\/b> Rate <\/b>was an increase to 4.3% from 4.2% in May. <\/b>Actual was <\/b>a drop to 4.1%. Consensus for June Average Hourly Earnings <\/b>was a 0.3% increase versus a 0.4% gain in May. Actual was a 0.2% gain. Consensus for the May U.S. Trade Deficit<\/b> was an increase to $69.6 billion from $61.60 billion in April. Actual was $71.2 billion.<\/p>\n

Datadog<\/b> advanced $14.69 to $149.70 after the on news that the stock will become part of the S&P 500 on July 9th<\/sup><\/p>\n

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

Europe iShares<\/b> (IEV) moved above $63.47 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until the end of July. See: https:\/\/charts.equityclock.com\/ishares-msci-europe-imi-index-etf-tsexeu-to-seasonal-chart<\/a><\/p>\n

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Mexico iShares<\/b> (EWW) moved above $61.31 extending an intermediate uptrend. Seasonal influences are favourable until the end of July. See: https:\/\/charts.equityclock.com\/ishares-msci-mexico-capped-etf-nyseeww-seasonal-chart<\/a><\/p>\n

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Global Base Metals iShares<\/b> (PICK) moved above $38.13 and $38.35 completing a reverse Head & Shoulders pattern. Seasonal influences are favourable to the end of July. See:<\/p>\n

https:\/\/charts.equityclock.com\/ishares-msci-global-metals-mining-producers-etf-amexpick-seasonal-chart<\/a> Notable breakout by a stock in the sector was VALE on a move above $10.22 completing a double bottom pattern. Also, the Canadian equivalent Global Base Metals iShares (XBM.TO) moved above Cdn$20.90 extending an intermediate uptrend.<\/p>\n

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Global Timber iShares<\/b> (WOOD) moved above $75.20 extending an intermediate uptrend.<\/p>\n

Seasonal influences are favourable on a real and relative basis until mid-September. See: https:\/\/charts.equityclock.com\/ishares-global-timber-forestry-etf-nasdwood-seasonal-chart<\/a><\/p>\n

Also, the Invesco Global Timber ETF (CUT) moved above $31.13 setting an intermediate uptrend.<\/p>\n

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Solar ETF<\/b> (TAN) moved above $35.93 completing a reverse Head & Shoulders pattern. Seasonal influences are favourable on a real and relative basis until the first week of August. See: https:\/\/charts.equityclock.com\/invesco-solar-etf-nysetan-seasonal-chart<\/a><\/p>\n

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Agribusiness iShares<\/b> (COW.TO) moved above Cdn$68.55 to a 30 month high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until the end of August. See: https:\/\/charts.equityclock.com\/ishares-global-agriculture-index-etf-tsecow-to-seasonal-chart<\/a><\/p>\n

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S&P 100 and NASDAQ 100 stocks<\/b> breaking to new highs and extending an intermediate uptrend included Honeywell (all-time high), American Express (all-time high), Align, QUALCOMM, Analog Devices, FedEx, DuPont, Trimble and Kraft Heinz.<\/p>\n

TSX 60 stocks <\/b>breaking to new highs extending an intermediate uptrend included Rogers Communications and CCL Industries<\/p>\n

Trader\u2019s Corner<\/strong><\/span><\/p>\n

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Equity Indices and Related ETFs<\/strong><\/span><\/p>\n

Daily Seasonal\/Technical Equity Trends for July 2nd<\/sup> 2025<\/p>\n

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

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

Source for all positive seasonality ratings: <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

Commodities<\/strong><\/span><\/p>\n

Daily Seasonal\/Technical Commodities Trends for July 2nd<\/sup> 2025<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for July 2nd<\/sup> 2025<\/p>\n

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

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

Links offered by valued providers<\/strong><\/span><\/p>\n

Top 10 July 2025 Stock Picks You Shouldn’t Miss<\/b><\/p>\n

Top 10 July 2025 Stock Picks You Shouldn’t Miss \u2013 YouTube<\/a><\/p>\n

SPX “Golden Cross” and Rotation Trade Kickstart 2H25<\/b><\/p>\n

SPX “Golden Cross” and Rotation Trade Kickstart 2H25 \u2013 YouTube<\/a><\/p>\n

Carter Worth Charts $AAPL After Jefferies Upgrade<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=-8Bs4KAJ3tY<\/a><\/p>\n

Market Signals Align \u2013 Is a Bigger Move Ahead? Frank Capperrelli<\/b><\/p>\n

Market Signals Align \u2013 Is a Bigger Move Ahead? \u2013 YouTube<\/a><\/p>\n

Banks: a break to a new valuation paradigm? asks TD Cowen’s Steven Alexopoulos<\/b><\/p>\n

Banks will a break to a new valuation paradigm, says TD Cowen’s Steven Alexopoulos \u2013 YouTube<\/a><\/p>\n

MACD Crossovers: Why Most Traders Get It Wrong: Joe Rabil<\/b><\/p>\n

MACD Crossovers: Why Most Traders Get It Wrong \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer dropped 4.60 to 76.80. It remains Overbought.<\/p>\n

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The long term Barometer added 1.40 to 62.60. It remains Overbought. Daily uptrend was extended.<\/p>\n

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

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The intermediate term Barometer dropped 2.35 to 84.51. It remains Overbought.<\/p>\n

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The long term Barometer added 2.82 to 82.16. 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":"

Next Tech Talk report Next report will be released on Monday July 7th. Trading in U.S. exchanges closes today at 1:00 PM. U.S. exchanges are closed tomorrow. Pre-opening Comments for Thursday July 3rd U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:35 AM EDT. S&P 500 futures […]<\/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-187131","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/187131","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=187131"}],"version-history":[{"count":3,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/187131\/revisions"}],"predecessor-version":[{"id":187136,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/187131\/revisions\/187136"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=187131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=187131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=187131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}