{"id":187482,"date":"2025-07-17T20:15:45","date_gmt":"2025-07-18T00:15:45","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=187482"},"modified":"2025-07-18T09:06:13","modified_gmt":"2025-07-18T13:06:13","slug":"tech-talk-for-friday-july-18th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/07\/17\/tech-talk-for-friday-july-18th-2025\/","title":{"rendered":"Tech Talk for Friday July 18th 2025"},"content":{"rendered":"

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

Pre-opening Comments for Friday July 18th<\/sup> <\/strong><\/font><\/em><\/a><\/p>\n

U.S. equity index futures were higher this morning.<\/b> S&P 500 futures were up 5 points at 8:35 AM EDT.<\/em><\/p>\n

S&P 500 futures were unchanged following release of U.S. June Housing Starts<\/b> at 8:30 AM EDT. Consensus was an increase to 1.300 million units from 1.256 million units in May. Actual was 1.321 million units.<\/em><\/p>\n

Netflix<\/b> dropped $22.17 to $1252.00 despite reporting second quarter results in line with consensus.<\/em><\/p>\n

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Jabil Circuit<\/b> advanced $3.94 to $222.23 after announcing a $1 billion share buyback program.<\/em><\/p>\n

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Norfolk Southern<\/b> added $10.19 to an all-time high at $280.00 on rumors that Union Pacific is planning a takeover offer of the company. <\/em><\/p>\n

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Interactive Brokers Group<\/b> advanced $2.98 to $62.41 after reporting higher than consensus second quarter results.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for July 18th<\/sup><\/strong><\/font><\/em><\/p>\n

How to position around the trends of Retail Sales. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/07\/17\/stock-market-outlook-for-july-18-2025\/<\/em><\/a><\/p>\n

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

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

Palladium ETN<\/b> (PALL) moved above $113.92 and $114.71 to a 2 year high completing a double bottom pattern.<\/p>\n

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Platinum ETN<\/b> (PPLT) moved above $130.69 to a 10 year high extending an intermediate uptrend.<\/p>\n

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Caterpillar <\/b>(CAT) a Dow Jones Industrial Average stock moved above $414.97 to an all-time high extending an intermediate uptrend.<\/p>\n

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Brookfield<\/b> (BN.TO) a TSX 60 stock moved above Cdn$90.47 to an all-time high extending an intermediate uptrend.<\/p>\n

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Couche Tard<\/b> (ATD.TO) a TSX 60 stock moved above Cdn$74.60 extending an intermediate uptrend. Takeover attempt for Seven Eleven was discontinued.<\/p>\n

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Gildan Activewear<\/b> (GIL.TO) a TSX 60 stock moved above Cdn$71.06 resuming an intermediate uptrend.<\/p>\n

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Loblaw Companies<\/b> (L.TO) a TSX 60 stock moved below $218.77 completing a double top pattern.<\/p>\n

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Hydro<\/b> One <\/b>(H.TO) a TSX 60 stock moved below Cdn$47.84 completing a double top pattern.<\/p>\n

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 July 17th<\/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 July 17th<\/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

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

Daily Seasonal\/Technical Sector Trends for July 17th<\/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

These HOT Industry Groups Are Fueling This Secular Bull Market: Tom Bowley<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=cmc2qTqU1Ws<\/a><\/p>\n

Is the Post-April Rally a Head Fake? ValueTrendCanada<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=jQOqymkIZq0<\/a><\/p>\n

Chart Check: S&P 500, WMT, COST & TJX: Guy Adami and Carter Worth<\/b><\/p>\n

Chart Check: S&P 500, WMT, COST & TJX \u2013 YouTube<\/a><\/p>\n

Expect earnings to continue to surprise to the upside, says Goldman Sachs’ Sharmin Mossavar-Rahmani<\/b><\/p>\n

Expect earnings to continue to surprise to the upside, says Goldman Sachs’ Sharmin Mossavar-Rahmani \u2013 YouTube<\/a><\/p>\n

AI trade is showing more discernment in who does well, says Schwab’s Liz Ann Sonders<\/b><\/p>\n

AI trade is showing more discernment in who does well, says Schwab’s Liz Ann Sonders \u2013 YouTube<\/a><\/p>\n

CHART THIS with David Keller, CMT Thursday 7\/17\/25<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=02Tl1wbIhdk<\/a><\/p>\n

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

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

The intermediate term Barometer added 3.00 to 67.40. It remains Overbought.<\/p>\n

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The long term Barometer added 1.80 to 60.60. It changed back to Overbought on a move above 60.00.<\/p>\n

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

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

The intermediate term Barometer dropped 2.35 to 75.12. It remains Overbought. Daily downtrend was extended.<\/p>\n

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The long term Barometer added 1.88 to 83.57. It remains Overbought.<\/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 July 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of U.S. June Housing Starts at 8:30 AM EDT. Consensus was an increase to 1.300 million units from 1.256 million units in May. […]<\/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-187482","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/187482","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=187482"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/187482\/revisions"}],"predecessor-version":[{"id":187492,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/187482\/revisions\/187492"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=187482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=187482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=187482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}