{"id":189328,"date":"2025-09-25T23:00:35","date_gmt":"2025-09-26T03:00:35","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=189328"},"modified":"2025-09-26T08:51:20","modified_gmt":"2025-09-26T12:51:20","slug":"tech-talk-for-friday-september-26th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/09\/25\/tech-talk-for-friday-september-26th-2025\/","title":{"rendered":"Tech Talk for Friday September 26th 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday September 26<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em>U.S. equity index futures were higher this morning. S&amp;P 500 futures were 23 ponts at 8:35 AM EDT<\/em><\/p>\n<p><em>S&amp;P 500 futures added 13 points following release of economic news at 8:30 AM EDT. Consensus for <b>August PCE Price Index<\/b> was a 0.3% increase versus a 0.2% increase in July. Actual was a 0.3% increase. On a year-over-year basis, the Index increased 2.7% versus 2.6% in July. Consensus for <b>August Core PCE Price Index<\/b> was a 0.2% increase versus a 0.3% gain in July. Actual was a 0.2% increase. Consensus for <b>August Personal Income<\/b> was a 0.3% increase versus a 0.4% increase in July. Actual was a 0.4% increase. Consensus for <b>August Personal Spending<\/b> was a 0.5% increase versus a 0.5% increase in July. Actual was a 0.6% increase.<\/em><\/p>\n<p><em>The Canadian Dollar was unchanged at U.S. 71.74 cents following release of <b>Canada\u2019s August GDP<\/b>. Consensus was a 0.1% increase versus a 0.1% drop in July. Actual was a 0.2% increase<\/em><\/p>\n<p><em><b>Costco <\/b>dropped $5.91 to $937.69 after reporting fiscal fourth quarter same store sales less than consensus.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0011-10.png\"><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-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Eli Lilly<\/b> added $8.41 to $723.00 and <b>Merck<\/b> gained $1.10 to $78.70 after President Trump announced a 100% tariffs on drugs imported into the U.S. unless the producing company is building a manufacturing plant in the U.S.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0021-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image0031-7.png\"><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-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for September 26<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><\/em><\/p>\n<p><b><em>Seasonally, the US Dollar Index remains in a position of a headwind against stocks through the month of October. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/09\/25\/stock-market-outlook-for-september-26-2025\/\"><em>https:\/\/equityclock.com\/2025\/09\/25\/stock-market-outlook-for-september-26-2025\/<\/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>NASDAQ 100 stocks breaking support setting intermediate downtrends included <b>Align<\/b> (ALGN) on a move below $127.70, <b>CDW<\/b> (CDW) on a move below $159.09, <b>Illumina<\/b> (ILMN) on a move below $92.19, <b>Roper Technologies<\/b> (ROP) on a move below $498.03, <b>Regeneron<\/b> (REGN) on a move below $552.81 and <b>PACCAR<\/b> (PCAR) on a move below $95.39.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image001-17.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-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image002-18.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-18.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image003-18.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-18.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image004-16.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-16.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image005-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>U.S. Medical Devices iShares<\/b> (IHI) moved below $59.03 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image006-15.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-15.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_image008-13.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-13.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 25<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image010-13.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-13.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><em>Green: Increase from previous day<\/em><\/p>\n<p><font color=\"#ff0000\"><em>Red: Decrease from previous day<\/em><\/font><\/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 25<sup>th<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image012-12.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-12.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font> <\/em><\/p>\n<p><em>Red: Decrease from previous day<\/em><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for September 25<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image014-13.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-13.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>Are the Mag 7 Rolling Over? Key Signals from Apple to Amazon: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=VsUnvJeaxmg\">Are the Mag 7 Rolling Over? Key Signals from Apple to Amazon \u2013 YouTube<\/a><\/p>\n<p><b>S&amp;P 500: Now vs The Dot Com Bubble |: <\/b>Dan Nathan and Liz Thomas<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=FccXqvoA1U8\">S&amp;P 500: Now vs The Dot Com Bubble | Stock Market Live Stream \u2013 YouTube<\/a><\/p>\n<p><u><\/u><\/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_image015-14.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-14.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 4.40 to 50.20. Daily trend is down. Rating remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image016-11.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-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer dropped 2.00 to 61.80. It remains Overbought. Daily trend is down.<\/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_image017-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer slipped 0.52 to 69.48. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/09\/clip_image018-8.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-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.68 to a five year high at 85.92. It remains Overbought. Daily uptrend resumed.<\/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 26th U.S. equity index futures were higher this morning. S&amp;P 500 futures were 23 ponts at 8:35 AM EDT S&amp;P 500 futures added 13 points following release of economic news at 8:30 AM EDT. Consensus for August PCE Price Index was a 0.3% increase versus a 0.2% increase in July. [&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-189328","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189328","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=189328"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189328\/revisions"}],"predecessor-version":[{"id":189336,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189328\/revisions\/189336"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=189328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=189328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=189328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}