{"id":188446,"date":"2025-08-21T18:41:10","date_gmt":"2025-08-21T22:41:10","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=188446"},"modified":"2025-08-22T08:56:54","modified_gmt":"2025-08-22T12:56:54","slug":"tech-talk-for-friday-august-22nd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/08\/21\/tech-talk-for-friday-august-22nd-2025\/","title":{"rendered":"Tech Talk for Friday August 22nd 2025"},"content":{"rendered":"

Pre-opening Comments for Friday August 22nd<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 17 points at 8:30 AM EDT.<\/em><\/p>\n

Federal Reserve Chairman Powell is scheduled to speak at 10:00 AM EDT at the Jackson Hole Symposium.<\/em><\/b><\/p>\n

Ross Stores<\/b> added $2.98 to $148.60 after reporting higher than consensus second quarter results. The company also offered positive guidance. Seasonal influences are favourable until January 10th<\/sup>. See seasonality chart at <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

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Workday<\/b> dropped $8.58 to $219.00 after offering third quarter guidance below consensus.<\/em><\/p>\n

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Zoom Media<\/b> added $4.16 to $77.33 after reporting higher than consensus second quarter revenues and earnings. <\/em><\/p>\n

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Intuit<\/b> dropped $38.77 to $658.99 after offering fiscal quarter guidance below consensus. <\/em><\/p>\n

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EquityClock\u2019s Market Outlook for August 22nd<\/sup><\/strong><\/font><\/em><\/p>\n

Data on existing home sales suggests that the wealth effect that elevated consumer activity for the past few years has been turned off. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/08\/21\/stock-market-outlook-for-august-22-2025\/<\/a><\/p>\n

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

S&P 500 Index, NASDAQ 100 Index and their related ETFs (SPY and QQQ) moved below their 20 day moving average. <\/b>All are trading below late July prices. <\/p>\n

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

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

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

CVS Health<\/b> (CVS) an S&P 100 stock moved above $71.73 extending an intermediate uptrend.<\/p>\n

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Pfizer (<\/b>PFE) a Dow Jones Industrial Average stock moved above $25.61 extending an intermediate uptrend.<\/p>\n

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Analog Devices<\/b> (ADI) a NASDAQ 100 stock moved above $247.73 to an all-time high extending an intermediate uptrend. <\/p>\n

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PDD Holdings<\/b> (PDD) a NASDAQ 100 stock moved above $121.49 and $122.99 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 August 21st<\/sup> 2025<\/p>\n

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

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

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

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

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

Daily Seasonal\/Technical Commodities Trends for August 21st<\/sup> 2025<\/p>\n

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

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

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

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

Daily Seasonal\/Technical Sector Trends for August 21st<\/sup> 2025<\/p>\n

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

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

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

The Market’s AI Spending Problem: Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n

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

Is The Growth Stock Bubble Bursting? Tom Bowley<\/b><\/p>\n

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

New Stocks Breaking Out While Big Tech Falters! David Keller<\/b><\/p>\n

New Stocks Breaking Out While Big Tech Falters! \u2013 YouTube<\/a><\/p>\n

A market pullback of 5-10% is natural and healthy, says Aureus’ Kari Firestone<\/b><\/p>\n

A market pullback of 5-10% is natural and healthy, says Aureus’ Kari Firestone \u2013 YouTube<\/a><\/p>\n

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

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

The intermediate term Barometer dropped 2.20 to 62.20. It remains Overbought.<\/p>\n

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The long term Barometer dropped 0.60 to 64.20. It remains Overbought.<\/p>\n

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

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

The intermediate term Barometer added 4.27 to 66.82. It remains Overbought.<\/p>\n

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The long term Barometer added 1.90 to 81.52. 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 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:30 AM EDT. Federal Reserve Chairman Powell is scheduled to speak at 10:00 AM EDT at the Jackson Hole Symposium. Ross Stores added $2.98 to $148.60 after reporting higher than consensus second 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-188446","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188446","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=188446"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188446\/revisions"}],"predecessor-version":[{"id":188456,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188446\/revisions\/188456"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=188446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=188446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=188446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}