{"id":189525,"date":"2025-10-02T18:43:24","date_gmt":"2025-10-02T22:43:24","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=189525"},"modified":"2025-10-03T08:48:43","modified_gmt":"2025-10-03T12:48:43","slug":"tech-talk-for-friday-october-3rd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/10\/02\/tech-talk-for-friday-october-3rd-2025\/","title":{"rendered":"Tech Talk for Friday October 3rd 2025"},"content":{"rendered":"

Pre-opening Comments for Friday October 3rd<\/sup> 2025<\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 7 points at 8:30 AM EDT.<\/em><\/p>\n

The U.S. September Non-farm Payrolls report<\/b> scheduled for release at 8:30 AM EDT has been postponed due to shutdown of U.S. Federal Government services.<\/em><\/p>\n

Applied Materials<\/b> dropped $7.69 to $215.90 after noting that it expects a $710 million hit to fourth quarter revenues triggered by new export restrictions.<\/em><\/p>\n

\"clip_image001[1]\"<\/em><\/a><\/p>\n

EquityClock\u2019s Market Outlook for October 3rd<\/sup><\/strong><\/font><\/em><\/p>\n

The seasonal trade in Natural Gas continues to become more enticing as the days progress.<\/em><\/b><\/p>\n

See:<\/em><\/p>\n

https:\/\/equityclock.com\/2025\/10\/02\/stock-market-outlook-for-october-3-2025\/<\/em><\/a><\/p>\n

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

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

Alcoa <\/b>(AA) moved above $34.25 extending an intermediate uptrend. Seasonal influences are favourable until December 29th<\/sup>. See Seasonality chart at www.equityclock.com<\/a><\/p>\n

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Marvell<\/b> Technology (MRVL) a NASDAQ 100 stock moved above $85.27 resuming an intermediate uptrend. <\/p>\n

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Ross Stores<\/b> (ROST) a NASDAQ 100 stock moved above $154.72 resuming an intermediate uptend. Seasonal influences are favourable until January 10th<\/sup>. See seasonality chart at www.equityclock.com<\/a><\/p>\n

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Travelers<\/b> (TRV) a Dow Jones Industrial Average stock moved above $279.99 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until November 11th<\/sup>. See seasonality chart at www.equtiyclock.com<\/a><\/p>\n

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Comcast (<\/b>CMCSA) an S&P 100 stock moved below $30.70 extending an intermediate uptrend <\/p>\n

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U.S. Crude Oil<\/b> ETN <\/b>(USO) moved below $71.56 extending an intermediate downtrend. <\/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 October 2nd<\/sup> 2025<\/p>\n

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Green: Increase from previous day<\/font><\/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 October 2nd<\/sup> 2025<\/p>\n

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Green: Increase from previous day <\/b><\/em><\/p>\n

Red: Decrease from previous day<\/font><\/em><\/p>\n

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

Daily Seasonal\/Technical Sector Trends for October 2nd<\/sup> 2025<\/p>\n

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Green: Increase from previous day<\/em><\/p>\n

Red: Decrease from previous day<\/font><\/em><\/p>\n

Links offered by valued providers<\/strong><\/font><\/p>\n

10 Stocks Set to Soar in October 2025: Tom Bowley<\/b><\/p>\n

10 Stocks Set to Soar in October 2025 \u2013 YouTube<\/a><\/p>\n

What Happens To Markets During A Shutdown? Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n

What Happens To Markets During A Shutdown? \u2013 YouTube<\/a><\/p>\n

Market Call: Colin Cieszynski’s outlook on Technical Analysis<\/b><\/p>\n

Market Call: Colin Cieszynski’s outlook on Technical Analysis \u2013 YouTube<\/a><\/p>\n

Wolf on Bay Street<\/strong><\/font><\/p>\n

Don Vialoux is a guest on \u201cWolf on Bay Street\u201d to be released on Saturday at 7:00 PM EDT on Corus Radio 640. Following are notes developed prior to the interview:<\/p>\n

Notes for Wolf and Jack (October 2nd<\/sup> 2025)<\/b><\/p>\n

Historically, U.S. and Canadian equity markets have their strongest seasonal period of the year from the fourth week in October to the first week in January. Look for history to repeat this year (although strength could be delayed this year until well into the fourth quarter due to tariff concerns)<\/p>\n

Earnings growth by major U.S. and Canadian manufacturing companies in the third and fourth quarters of this year is expected to weaken due to pre-buying prior to launch of tariffs in the first half of 2025. Consensus calls earnings growth for S&P 500 companies to drop from 11.5% in the second quarter to 7.9% in the third quarter and 7.4% in the fourth quarter. Earnings gains accelerate thereafter: 11.7% in the first quarter of 2026 and 12.7% in the second quarter. For all of 2026, consensus calls for earnings growth at 13.8%.<\/p>\n

Revenues and earnings gains by Canadian manufacturing companies are expected to be particularly hard hit in the second half of 2025 due to tariffs. Government assistance partially will help to offset the impact.<\/p>\n

Canada\u2019s strongest sectors in the second half of 2025 are related to commodity prices: Prices of gold, silver, platinum, palladium and copper are at or near all-time highs. Profit margins by producers will expand significantly.<\/p>\n

Canada\u2019s forest product industry is expected to be particularly hard hit by higher tariffs announced by Trump last week. Not surprising, this sector dropped to a 5 year low last week.<\/p>\n

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

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The intermediate term Barometer slipped 0.20 to 57.80. It remains Neutral.<\/p>\n

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The long term Barometer slipped 0.60 to 66.40. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer added 0.47 to 75.12. It remains Overbought.<\/p>\n

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The long term Barometer added 0.94 to 87.32, highest level since December 2020. It remains Overbought. Daily uptrend was extended. <\/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":"

Pre-opening Comments for Friday October 3rd 2025 U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT. The U.S. September Non-farm Payrolls report scheduled for release at 8:30 AM EDT has been postponed due to shutdown of U.S. Federal Government services. Applied Materials dropped $7.69 to […]<\/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-189525","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189525","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=189525"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189525\/revisions"}],"predecessor-version":[{"id":189529,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189525\/revisions\/189529"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=189525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=189525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=189525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}