{"id":188783,"date":"2025-09-04T21:12:51","date_gmt":"2025-09-05T01:12:51","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=188783"},"modified":"2025-09-05T09:53:26","modified_gmt":"2025-09-05T13:53:26","slug":"tech-talk-for-friday-september-5th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/09\/04\/tech-talk-for-friday-september-5th-2025\/","title":{"rendered":"Tech Talk for Friday September 5th 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday September 5<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 16 points at 8:35 AM EDT.<\/em><\/p>\n<p><em>S&amp;P 500 futures added 12 points following release of the <b>August U.S. Employment Report<\/b>. Consensus for <b>August Non-farm Payrolls<\/b> was a 74,000 gain versus an upwardly revised 79,000 gain in July. Actual was a 22,000 gain. Consensus for the August <b>Unemployment Rate<\/b> was an increase to 4.3% from 4.2% in July. Actual was 4.3%. Consensus for <b>August Average Hourly Earnings<\/b> was a 0.3% increase versus a 0.3% gain in July. Actual was a 0.3% gain. <b>On a year-over-year basis<\/b>, August Average Hourly Earnings were expected to increase 3.8% versus a 3.9% increase in July. Actual was a 3.7% gain.<\/em><\/p>\n<p><em><b>Broadcom<\/b> advanced $11.40 to $317.50 after reporting higher than expected third quarter revenues. The company also offer favourable fourth quarter guidance. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0011-2.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-2.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Lulu Lemon<\/b> dropped $29.08 to $176.80 after releasing guidance below consensus.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0021-2.png\"><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-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>DocuSign<\/b> gained $5.11 to $81.35 after releasing guidance above consensus. Seasonal influences turn favourable in mid-September and remain positive until February 21<sup>st<\/sup>. See seasonality chart at <\/em><a href=\"http:\/\/www.equityclock.com\"><em>www.equityclock.com<\/em><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0031-1.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-1.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for September 5<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>The shallower than average decline in initial jobless claims over the past month suggests a weaker than average change in payrolls for August. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/09\/04\/stock-market-outlook-for-september-5-2025\/\"><em>https:\/\/equityclock.com\/2025\/09\/04\/stock-market-outlook-for-september-5-2025\/<\/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>U.S. Telecommunications iShares<\/b> (IYZ) moved above $31.77 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image001-3.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-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>General Electric <\/b>(GE) an S&amp;P 100 stock moved above $281.50 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image002-3.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-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Chipotle<\/b> (CMG) a NASDAQ 100 stock moved below $41.18 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image003-3.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-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>PayPal <\/b>(PYPL) an S&amp;P 100 stock moved below $66.57 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image004-2.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-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>American Tower<\/b> (AMT) an S&amp;P 100 stock moved below $194.36 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image005.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image005\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image005\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image005_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Amgen <\/b>(AMGN) a NASDAQ 100 stock moved below $279.38 setting an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image006-2.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-2.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_image008-2.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-2.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 4<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image010-2.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-2.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 4<sup>th<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image012-2.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-2.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/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=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for September 4<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image014-2.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-2.png\" width=\"244\" height=\"165\" \/><\/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><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Is a Bear Market Starting? History Says Watch These Months: Tom Bowley<\/b><\/p>\n<p><b>Note comment on U.S. airlines.<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=QAG6H-whBzg\">Is a Bear Market Starting? History Says Watch These Months \u2013 YouTube<\/a><\/p>\n<p><b>Top 10 Charts to Watch September 2025! Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=AtZ-zMK3pZw\">Top 10 Charts to Watch September 2025! \u2013 YouTube<\/a><\/p>\n<p><b>Can the Fed Calm Investors Before It\u2019s Too Late? Dan Nathan and Peter Boockvar<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=IaQm43nO67E\">Can the Fed Calm Investors Before It\u2019s Too Late? \u2013 YouTube<\/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_image015-1.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-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 2.00 to 60.00. It return to Overbought on a move to 60.00.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image016-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image016_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 2.20 to 66.80. 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_image017.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image017\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image017\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image017_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.32 to 72.51. It remains Overbought. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image018.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image018_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.47 to 82.94. 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 Friday September 5th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 16 points at 8:35 AM EDT. S&amp;P 500 futures added 12 points following release of the August U.S. Employment Report. Consensus for August Non-farm Payrolls was a 74,000 gain versus an upwardly revised 79,000 gain in [&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-188783","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188783","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=188783"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188783\/revisions"}],"predecessor-version":[{"id":188791,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/188783\/revisions\/188791"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=188783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=188783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=188783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}