{"id":188368,"date":"2025-08-19T20:50:05","date_gmt":"2025-08-20T00:50:05","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=188368"},"modified":"2025-08-20T08:56:33","modified_gmt":"2025-08-20T12:56:33","slug":"tech-talk-for-wednesday-august-20th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/08\/19\/tech-talk-for-wednesday-august-20th-2025\/","title":{"rendered":"Tech Talk for Wednesday August 20th 2025"},"content":{"rendered":"

Pre-opening Comments for Wednesday August 20th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 7 points at 8:30 AM EDT. <\/em><\/p>\n

Toll Brothers <\/b>dropped $2.28 to $129.90 despite reporting higher than consensus fiscal third quarter results. The company also offered below consensus guidance on new orders for its fiscal fourth quarter <\/em><\/p>\n

\"clip_image001[4]\"<\/em><\/a><\/p>\n

La-Z-Boy<\/b> dropped $8.39 to $30.72 after reporting less than consensus fiscal first quarter results. The company also offered second quarter guidance below consensus.<\/em> <\/p>\n

\"clip_image002[4]\"<\/a><\/p>\n

Target<\/b> dropped $10.36 to $95.00 after second quarter revenues missed consensus estimates. In addition, the company announced a change in its Chief Executive Officer effective February 2026<\/em><\/p>\n

\"clip_image003[4]\"<\/em><\/a><\/p>\n

Este Lauder<\/b> dropped $6.62 to $83.25 after lowering its third quarter outlook.<\/em><\/p>\n

\"clip_image004[4]\"<\/a><\/p>\n

EquityClock\u2019s Market Outlook for August 20th<\/sup><\/strong><\/font><\/em><\/p>\n

Market leadership shifting and volatility perking up has investors moving into safe-havens.<\/b> See:<\/em><\/p>\n

https:\/\/equityclock.com\/2025\/08\/19\/stock-market-outlook-for-august-20-2025\/<\/em><\/a><\/p>\n

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

Software iShares<\/b> (IGV) moved below $108.06 and $107.39 completing a short term Head & Shoulders pattern. A major reason why the technical score for XLK dropped from 2 to -2!<\/p>\n

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

Merck<\/b> (MRK) a Dow Jones Industrial Average stock moved above $85.22 completing a reverse Head & Shoulders pattern.<\/p>\n

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

CSX<\/b> (CSX) a NASDAQ 100 stock moved above $36.68 extending an intermediate uptrend. <\/p>\n

\"clip_image003\"<\/a><\/b><\/b><\/p>\n

S&P\/TSX REIT iShares<\/b> (XRE.TO) moved above $16.11 extending an intermediate uptrend. Benefitting from lower long term Canadian bond yields!<\/p>\n

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

Loblaw Companies<\/b> (L-TO) a TSX 60 stock moved above Cdn$58.64 to an all-time high extending an intermediate uptrend.<\/p>\n

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

FirstService Corp<\/b> (FSV.TO) a TSX 60 stock moved above Cdn$276.90 to an all-time high extending an intermediate uptrend. <\/p>\n

\"clip_image006\"<\/a><\/p>\n

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

\"clip_image008\"<\/a><\/p>\n

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

Daily Seasonal\/Technical Equity Trends for August 19th<\/sup> 2025<\/p>\n

\"clip_image010\"<\/a><\/p>\n

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 19th<\/sup> 2025<\/p>\n

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

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

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

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

Daily Seasonal\/Technical Sector Trends for August 19th<\/sup> 2025<\/p>\n

\"clip_image014\"<\/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

Where this top-rated Morningstar fund is finding opportunities, with geopolitics playing a big role<\/b><\/p>\n

Where this top-rated Morningstar fund is finding opportunities, with geopolitics playing a big role \u2013 YouTube<\/a><\/p>\n

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

Peter Boockvar: Are Central Banks Losing Grip?<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=Ic6OEBRItdI<\/a><\/p>\n

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

\"clip_image015\"<\/a><\/p>\n

The intermediate term Barometer gained 4.20 to 63.80. It changed from Neutral to Overbought on a move above 60.00. <\/p>\n

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

The long term Barometer added 3.20 to 64.20. It remained Overbought.<\/p>\n

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

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

The long term Barometer dropped 3.79 to 63.98. It remains Overbought.<\/p>\n

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

The long term Barometer added 1.42 to 81.04. 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 August 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EDT. Toll Brothers dropped $2.28 to $129.90 despite reporting higher than consensus fiscal third quarter results. The company also offered below consensus guidance on new orders for its fiscal fourth quarter […]<\/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-188368","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188368","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=188368"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188368\/revisions"}],"predecessor-version":[{"id":188378,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188368\/revisions\/188378"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=188368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=188368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=188368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}