{"id":188746,"date":"2025-09-03T21:33:33","date_gmt":"2025-09-04T01:33:33","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=188746"},"modified":"2025-09-04T08:56:31","modified_gmt":"2025-09-04T12:56:31","slug":"tech-talk-for-thursday-september-4th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/09\/03\/tech-talk-for-thursday-september-4th-2025\/","title":{"rendered":"Tech Talk for Thursday September 4th 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Thursday September 4<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning<\/b>. S&amp;P 500 futures were up 5 points at 8:35 AM EDT.<\/em><\/p>\n<p><em>S&amp;P 500 futures slipped 4 points following release of economic news at 8:30 AM EDT. Consensus for next estimate for <b>second quarter U.S. Non-farm Productivity<\/b> was a 2.9% increase versus a previous 2.4% increase in June. Actual was a 3.3% increase. Consensus for <b>July U.S. Trade<\/b> was a $67.20 billion deficit versus a $60.20 billion deficit in June. Actual was a $78.3 billion deficit.<\/em><\/p>\n<p><em><b>Salesforce.com<\/b> dropped $10.85 to $245.73 after issuing third quarter guidance less than consensus.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0011-1.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0011_thumb-1.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>American Eagle Outfitters<\/b> advanced $3.38 to $17.00 after reporting higher than consensus second quarter results. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0021-1.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0021_thumb-1.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Hewlett Packard Enterprises<\/b> dropped $0.62 to $22.20 after issuing guidance less than consensus. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0031.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[1]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0031_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for September 4<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Google\u2019s ruling shines an ever-glowing light on Communications Services sector exposure in portfolios. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/09\/03\/stock-market-outlook-for-september-4-2025\/\"><em>https:\/\/equityclock.com\/2025\/09\/03\/stock-market-outlook-for-september-4-2025\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong><\/strong><\/font><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Invesco Base Metals ETN<\/b> (DBB: one third weight each in copper, zinc and aluminum) moved above $19.94 and $19.95 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image001-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image001_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Apple (<\/b>AAPL) a Dow Jones Industrial Average stock moved above $235.12 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image002-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image002_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Coca Cola<\/b> (KO) a Dow Jones Industrial Average stock moved below $67.74 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image003-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image003_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Mondelez <\/b>(MDLZ) an S&amp;P 100 stock moved below $60.26 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image004-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image004_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Trader\u2019s Corner<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image006-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image006\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image006\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image006_thumb-1.png\" width=\"244\" height=\"210\" \/><\/a><\/p>\n<p><font size=\"4\"><strong>Equity Indices and Related ETFs<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Equity Trends for September 3<sup>rd<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image008-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image008\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image008\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image008_thumb-1.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><em>Source for all positive seasonality ratings: <\/em><a href=\"http:\/\/www.EquityClock.com\"><em>www.EquityClock.com<\/em><\/a><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for September 3<sup>rd<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image010-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image010\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image010\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image010_thumb-1.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><em>Green: Increase from previous day <b><\/b><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for September 3<sup>rd<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image012-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image012\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image012\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image012_thumb-1.png\" width=\"244\" height=\"165\" \/><\/a><\/p>\n<p><em>Green: Increase from previous day<\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>MACD Reverse Divergence: Hidden Power in the Charts: Joe Rabil<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=ipKhZORgKjM\">https:\/\/www.youtube.com\/watch?v=ipKhZORgKjM<\/a><\/p>\n<p><b>CHART THIS with David Keller, CMT Tuesday 9\/2\/25<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=moa2kWhavaE\">https:\/\/www.youtube.com\/watch?v=moa2kWhavaE<\/a><\/p>\n<p><font size=\"5\"><strong>S&amp;P 500 Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image013-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image013\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image013\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image013_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 1.00 to 58.00. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image014-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image014\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image014\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image014_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 0.80 to 64.60. It remains Overbought.<\/p>\n<p><font size=\"5\"><strong>TSX Momentum Barometers<\/strong><\/font> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image015.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image015\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image015\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image015_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 0.47 to 69.19. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image016.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image016_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.95 to 82.46. It remains Overbought.<\/p>\n<p><em><b>Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at <\/em><\/p>\n<p><em>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":"<p>Pre-opening Comments for Thursday September 4th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 5 points at 8:35 AM EDT. S&amp;P 500 futures slipped 4 points following release of economic news at 8:30 AM EDT. Consensus for next estimate for second quarter U.S. Non-farm Productivity was a 2.9% increase versus [&hellip;]<\/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-188746","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188746","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=188746"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188746\/revisions"}],"predecessor-version":[{"id":188754,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188746\/revisions\/188754"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=188746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=188746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=188746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}