{"id":188040,"date":"2025-08-07T20:32:35","date_gmt":"2025-08-08T00:32:35","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=188040"},"modified":"2025-08-08T08:56:27","modified_gmt":"2025-08-08T12:56:27","slug":"tech-talk-for-friday-august-8th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/08\/07\/tech-talk-for-friday-august-8th-2025\/","title":{"rendered":"Tech Talk for Friday August 8th 2025"},"content":{"rendered":"

Pre-opening Comments for Friday August 8th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 13 points at 8:35 AM EDT.<\/em><\/p>\n

The Canadian Dollar dropped 0.05 to US72.68 cents following release of Canada\u2019s July Employment Report<\/b> at 8:30 AM EDT. Consensus called for a 15,300 gain versus an 83,100 gain in June. Actual was a 40,800 loss. Consensus for the July Unemployment Rate was an increase to 7.0% versus 6.9% in June. Actual was unchanged at 6.9%.<\/em><\/p>\n

Expedia<\/b> advanced $32.39 to $220.00 after reporting higher than consensus second quarter results. The company also issued positive third quarter guidance. Seasonal influences are favourable on a real and relative basis until September 9th<\/sup>. See seasonality chart at <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

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Block<\/b> gained $6.15 to $83.00 after reporting higher than consensus second quarter results. The company also offered positive third quarter guidance.<\/em><\/p>\n

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Trade Desk<\/b> plunged $23.08 to $65.25 after reporting lower than consensus second quarter results <\/em><\/p>\n

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Pinterest <\/b>dropped $4.18 to $34.99 after reporting less than consensus second quarter earnings. <\/em><\/p>\n

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EquityClock\u2019s Market Outlook for August 8th<\/sup><\/strong><\/font><\/em><\/p>\n

Health Care is certainly not working at this seasonally favourable time of year, but many other groups are, providing a hedge against the notorious third quarter volatility in the equity market. See:<\/em> <\/b><\/p>\n

https:\/\/equityclock.com\/2025\/08\/07\/stock-market-outlook-for-august-8-2025\/<\/a><\/p>\n

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

Junior Gold ETF<\/b> (GDXJ) moved above $71.84 to an all-time high extending an intermediate uptrend.<\/p>\n

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Taiwan iShares<\/b> (EWT) moved above $59.80 to an all-time high extending an intermediate uptrend. Reflecting strength in Taiwan Semiconductors (TSM), up 4.71% yesterday!<\/p>\n

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Apple<\/b> (AAPL) a Dow Jones Industrial Average stock moved above $216.23 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until September 6th<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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Cisco <\/b>(CSCO) a Dow Jones Industrial Average stock moved above $69.47 extending an intermediate uptrend. Seasonal influences are favourable until October 6th<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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Nutrien <\/b>(NTR) a TSX 60 stock moved below US$57.67 completing a double top pattern.<\/p>\n

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S&P 100 and NASDAQ 100 stocks <\/b>moving below support setting\/extending an intermediate downtrend included Eli Lilly <\/b>(LLY) on a move below $675.71, Atlassian<\/b> (TEAM) on a move below $173.46, McCormick<\/b> (MKC) on a move below $69.56 and $69.22 and American International Group<\/b> (AIG) on a move below $75.69 <\/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 August 7th<\/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

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 August 7th<\/sup> 2025<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for August 7th<\/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

Liz Thomas Returns! Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=v1xQD3IAqcU<\/a><\/p>\n

How We Beat the S&P 500 by 20% This Quarter! Tom Bowley<\/b><\/p>\n

How We Beat the S&P 500 by 20% This Quarter! \u2013 YouTube<\/a><\/p>\n

Shopify is a powerhouse: Belski<\/b><\/p>\n

Shopify is a powerhouse: Belski \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer added 3.20 to 54.20. It remains neutral.<\/p>\n

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The long term Barometer added 0.20 to 56.80. It remains neutral.<\/p>\n

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

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The intermediate term Barometer dropped 3.77 to 62.74. It remains Overbought.<\/p>\n

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The long term Barometer dropped 1.42 to 81.13. 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 Friday August 8th U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:35 AM EDT. The Canadian Dollar dropped 0.05 to US72.68 cents following release of Canada\u2019s July Employment Report at 8:30 AM EDT. Consensus called for a 15,300 gain versus an 83,100 gain in […]<\/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-188040","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188040","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=188040"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188040\/revisions"}],"predecessor-version":[{"id":188050,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188040\/revisions\/188050"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=188040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=188040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=188040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}