{"id":188635,"date":"2025-08-28T19:46:13","date_gmt":"2025-08-28T23:46:13","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=188635"},"modified":"2025-08-29T08:51:57","modified_gmt":"2025-08-29T12:51:57","slug":"tech-talk-for-friday-august-29th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/08\/28\/tech-talk-for-friday-august-29th-2025\/","title":{"rendered":"Tech Talk for Friday August 29th 2025"},"content":{"rendered":"

Note:<\/b>  As the North American exchanges are closed on Monday for the Labor Day holiday, the Next Tech Talk report will be released on Tuesday, September 2nd<\/sup>.  See you then!<\/em><\/p>\n

Pre-opening Comments for Friday August 29th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 18 points at 8:35 AM EDT,<\/em><\/p>\n

S&P 500 futures improved 5 points following release of economic news at 8:30 AM EDT. July PCE Price Index<\/b> was expected to increase 0.3% versus a 0.3% increase in June. Actual was a 0.2% increase. On a year-over-year basis, July PCE Price Index was expected to increase 2.6% versus 2.6% in June. Actual was a 2.6% increase. Core July PCE Price Index<\/b> also was expected to increase 0.3% versus a 0.3% gain in June. Actual was On a year-over-year basis, Core July PCE Price Index was expected to increase 2.9% versus 2.8% in June. Actual was a 2.9% increase. July U.S. Personal Income<\/b> was expected to increase 0.4% versus a 0.3% gain in June. Actual was a 0.4% increase. July U.S. Personal Spending<\/b> was expected to increase 0.5% versus a 0.3% gain in June. Actual was a 0.5% increase. <\/em><\/p>\n

Canada\u2019s July GDP<\/b> released at 8:30 AM EDT on Friday was expected to increase 0.1% versus a 0.1% drop in June. Actual was a 0.1% increase.<\/em><\/p>\n

Caterpillar<\/b> dropped $12.72 to $422.19 after the company warned about impact of tariffs that are about to be imposed. <\/em><\/p>\n

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Dell Computer<\/b> dropped $7.95 to $126.12 after releasing a mixed third quarter outlook.<\/em><\/p>\n

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Gap Stores<\/b> dropped $1.36 to $20.32 after reporting less than consensus second quarter sales. The company also warned about impact of tariffs.<\/em> <\/p>\n

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EquityClock\u2019s Market Outlook for August 29th<\/sup><\/strong><\/font><\/em><\/p>\n

<\/em><\/p>\n

Pick your spots in the industrial economy accordingly as the trends in activity become bifurcated heading through the back half of the year. See: <\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/08\/27\/stock-market-outlook-for-august-29-2025\/<\/em><\/a><\/p>\n

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

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

Energy iShares<\/b> (XLE) moved above $89.44 setting an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until the first week in November. See seasonality chart at www.equityclock.com<\/a>. Hurricane season in the Gulf of Mexico frequently has an influence on the sector at this time of year. Latest weather forecast suggests that hurricane season likely is delayed this year until at least the second half of September. See https:\/\/www.nhc.noaa.gov\/<\/a><\/p>\n

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Brazil iShares<\/b> (EWZ) moved above $29.35 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until mid-October. See seasonality chart at www.equityclock.com<\/a><\/p>\n

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Trip.com<\/b> (TCOM) a NASDAQ 100 stock moved above $67.44 and $73.79 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until the first week in October and occasionally until the first week in November. See seasonality chart at www.equityclock.com<\/a><\/p>\n

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Cintas<\/b> (CTAS) a NASDAQ 100 stock moved below $209.07 completing a double top pattern.<\/p>\n

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Southern Companies <\/b>(SO) an S&P 100 stock moved below $92.18 completing a double top pattern.<\/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 28th<\/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

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 28th<\/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 28th<\/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

Unlock Explosive Breakouts with NR7 Bars! Joe Rabil<\/b><\/p>\n

Unlock Explosive Breakouts with NR7 Bars! \u2013 YouTube<\/a><\/p>\n

There’s a dislocation between sentiment and fundamentals, says Morgan Stanley’s Andrew Slimmon<\/b><\/p>\n

There’s a dislocation between sentiment and fundamentals, says Morgan Stanley’s Andrew Slimmon \u2013 YouTube<\/a><\/p>\n

Market Call: Keith Richards’ outlook on Technical Analysis<\/b><\/p>\n

Market Call: Keith Richards’ outlook on Technical Analysis \u2013 YouTube<\/a><\/p>\n

What Happens When Rate Cuts Ramp Up? Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n

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

Is Consumer Discretionary About to Take Over the Market? Julius deKampaneur<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=AEpbI1Mao2o<\/a><\/p>\n

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

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The intermediate term Barometer slipped 1.20 to 65.60. It remains Overbought.<\/p>\n

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The long term Barometer slipped 0.60 to 67.00. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer added 1.42 to 68.72. It remains Overbought.<\/p>\n

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

The long term Barometer slipped 0.47 to 81.99. 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":"

Note:  As the North American exchanges are closed on Monday for the Labor Day holiday, the Next Tech Talk report will be released on Tuesday, September 2nd.  See you then! Pre-opening Comments for Friday August 29th U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDT, […]<\/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-188635","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188635","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=188635"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188635\/revisions"}],"predecessor-version":[{"id":188643,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188635\/revisions\/188643"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=188635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=188635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=188635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}