{"id":189213,"date":"2025-09-22T22:28:29","date_gmt":"2025-09-23T02:28:29","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=189213"},"modified":"2025-09-23T08:42:13","modified_gmt":"2025-09-23T12:42:13","slug":"tech-talk-for-tuesday-september-23rd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/09\/22\/tech-talk-for-tuesday-september-23rd-2025\/","title":{"rendered":"Tech Talk for Tuesday September 23rd 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Tuesday September 23<sup>rd<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were mixed this morning<\/b>. S&amp;P 500 futures were down 3 points at 8:30 AM EDT. <\/em><\/p>\n<p><em><b>Boeing <\/b>advanced $4.75 to $216.84 on news that the company is in final stages of negotiations over a \u201chuge\u201d order for aircraft with China<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0014-2.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0014_thumb-2.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Micron<\/b> added $1.03 to $165.65 prior to releasing quarterly results later today.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0024-3.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0024_thumb-3.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em>Almost all of the gain by the S&amp;P 500 Index yesterday came from two stocks: <b>NVidia and Apple<\/b>. Nvidia advanced $3.93% reaching its new all-time high at $184.55. Apple gained $4.31 to $256.08, just below its all-time high at $259.18<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0034-2.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0034_thumb-2.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0044.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004[4]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0044_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for September 23<sup>rd<\/sup><\/strong><\/font><\/em><\/p>\n<p><b>Sell Rosh Hashanah and Buy Yom Kippur<\/b>. See: <\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/09\/22\/stock-market-outlook-for-september-23-2025\/\">https:\/\/equityclock.com\/2025\/09\/22\/stock-market-outlook-for-september-23-2025\/<\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Consumer Staples SPDRs<\/b> (XLP) moved below $78.18 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image001-14.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-14.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Agribusiness ETF<\/b> (MOO) moved below $73.43 setting an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image002-15.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-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Nike <\/b>(NKE) a Dow Jones Industrial Average stock moved below $72.15 and $70.66 setting an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image003-15.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-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Keurig Dr. Pepper<\/b> (KDP) a NASDAQ 100 stock moved below $78.18 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image004-13.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-13.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_image006-12.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-12.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 22<sup>nd<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image008-10.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-10.png\" width=\"244\" height=\"116\" \/><\/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><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 22<sup>nd<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image010-10.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-10.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font> <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 22<sup>nd<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image012-9.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-9.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>Fed Cuts Rates, Massive Opportunities Ahead! Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=7dz3WPuIrAA&amp;t=80s\">https:\/\/www.youtube.com\/watch?v=7dz3WPuIrAA&amp;t=80s<\/a><\/p>\n<p><b>&quot;Risk Off&quot; Attitude After All-Time High Run, Data Ahead Faces Scrutiny: Schwab Network<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=nGkqMHglnYY\">&quot;Risk Off&quot; Attitude After All-Time High Run, Data Ahead Faces Scrutiny \u2013 YouTube<\/a><\/p>\n<p><b>Yields Tick Higher Despite Fed Cut | Stock Market News &amp; Analysis: Dan Nathan and Guy Adami<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=HOLwx0fzJ9Q\">https:\/\/www.youtube.com\/watch?v=HOLwx0fzJ9Q<\/a><\/p>\n<p><b>Bull case of 7,000 becoming more of a reality: Belski<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=RvV4QYXTKWs\">Bull case of 7,000 becoming more of a reality: Belski \u2013 YouTube<\/a><\/p>\n<p><b>Fed Cuts Rates, Massive Opportunities Ahead!<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=7dz3WPuIrAA&amp;t=80s\">https:\/\/www.youtube.com\/watch?v=7dz3WPuIrAA&amp;t=80s<\/a><\/p>\n<p><b>CHART THIS with David Keller, CMT Monday 9\/22\/25<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=ZLYanP-7x4U\">https:\/\/www.youtube.com\/watch?v=ZLYanP-7x4U<\/a><\/p>\n<p><font size=\"5\"><strong>A Note from Margaret Samuel<\/strong><\/font><\/p>\n<p><em><b>Editor\u2019s Note:<\/b> Tech Talk receives and distributes Technical Scoop each Monday, a valuable <b>free<\/b> service offered by David Chapman through <\/em><a href=\"http:\/\/www.EnrichedInvesting.com\"><em>www.EnrichedInvesting.com<\/em><\/a><em>. This report gives an independent technical view and offers an outlook for currencies, commodities and Canadian and U.S. equity markets. Margaret Samuel is the President of <\/em><a href=\"http:\/\/www.EnrichedInvesting.com\"><em>www.EnrichedInvesting.com<\/em><\/a><em> and a long-time friend and supporter of technical analysis services. Following is a note from Margaret summarizing the many valued services offered by her firm:<\/em><\/p>\n<p>Good morning,<\/p>\n<p>We trust you enjoy receiving the Technical Scoop of our Chief Strategist, David Chapman.<\/p>\n<p>I thought I would take this opportunity to reach out to you to let you know the other services provided by Enriched Investing Incorporated.<\/p>\n<p>Enriched Investing Incorporated has been successfully customizing portfolios for high net worth clients for more than 17 years.&#160; In addition, Margaret Samuel has been a portfolio manager for 24 years, has been in the investment industry for 34 years, and founded Enriched Investing Incorporated 36 years ago.&#160; We customize portfolios for investors, first sitting down with them to determine their particular investment objectives and constraints, and then we build a portfolio designed to meeting their financial goals.<\/p>\n<p>Do you happen to know of any institutional (Foundations, Pensions, Endowments) or other investors that may be interested in allocating some of their assets to Enriched Investing Incorporated for investment management?&#160; I may be reached at 416-203-3028 or&#160;&#160; <a href=\"mailto:msamuel@enrichedinvesting.com\">msamuel@enrichedinvesting.com<\/a>&#160; to explore our ability to meet their income and growth objectives.<\/p>\n<p>We also have a live strategy with a minimum $500,000 investment required, that has performed better than many of its competitors.&#160; It is called our Enriched Capital Conservative Growth Strategy.&#160; Over the last 7.5 years of our actually managing it, it has generated a return of more than 105%.&#160; This means that anyone who had invested in it when it was started in 2018 would have doubled their investment.&#160; And more importantly, it has had less volatility than the index during that time.<\/p>\n<p>At Enriched Investing Incorporated we pride ourselves on being conservative investors who value capital preservation.&#160; That means we sincerely do not want clients out on the risk curve where they could lose their money.&#160; Our minimum variance strategy of portfolio construction is designed to optimally minimize risk as a key factor in delivering performance.<\/p>\n<p>Our Portfolio Management team patiently builds long lasting growth and income portfolios uniquely tailored and managed for each individual client\u2019s need for a steady, reliable stream of income.<\/p>\n<p>Most pensions, endowments, foundations and many other investors have investment portfolios that are managed by professional brokers or portfolio management teams.<\/p>\n<p>It would really help us if they would consider transferring part or all of their portfolios to Enriched Investing Incorporated for portfolio management.&#160; As a discretionary portfolio manager, we only direct the management of their portfolios: the funds are held by custodians who are registered investment brokers.<\/p>\n<p>Anyone who is having their portfolios managed by a broker or portfolio manager will already be paying fees, and I am simply asking that they pay those fees to our firm rather than to a competing firm.&#160; We may consider offering them fees that are below those they are already paying.&#160; We cannot guarantee that future performance will be the same or better than our past performance.&#160; However, we have a discipline that is designed to generate returns that compete favorably with any bank or investment firm in the market.<\/p>\n<p>Our information is on a platform called eVestment (<a href=\"http:\/\/www.evestment.com\">www.evestment.com<\/a>) that allows professional investors to compare our firm against our competitors.<\/p>\n<p>Most of all, we provide personal service that I believe is second to none.<\/p>\n<p>I am interested to know whether you think this approach may be attractive to institutional investors.<\/p>\n<p>Sincerely,<\/p>\n<p>Margaret M. Samuel, MBA, LL.B., CFA<\/p>\n<p>President, CEO and Portfolio Manager<\/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_image013-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 2.60 to 54.80. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image014-10.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-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.80 to 63.60. 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_image015-11.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-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 0.95 to 73.81. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image016-8.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-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer slipped 0.48 to 83.81. 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 Tuesday September 23rd U.S. equity index futures were mixed this morning. S&amp;P 500 futures were down 3 points at 8:30 AM EDT. Boeing advanced $4.75 to $216.84 on news that the company is in final stages of negotiations over a \u201chuge\u201d order for aircraft with China Micron added $1.03 to $165.65 prior [&hellip;]<\/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-189213","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189213","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=189213"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189213\/revisions"}],"predecessor-version":[{"id":189223,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189213\/revisions\/189223"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=189213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=189213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=189213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}