{"id":189599,"date":"2025-10-14T02:22:00","date_gmt":"2025-10-14T06:22:00","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=189599"},"modified":"2025-10-14T08:54:06","modified_gmt":"2025-10-14T12:54:06","slug":"tech-talk-for-tuesday-october-14th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/10\/14\/tech-talk-for-tuesday-october-14th-2025\/","title":{"rendered":"Tech Talk for Tuesday October 14th 2025"},"content":{"rendered":"

Pre-opening Comments for Tuesday October 14th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity indices moved higher yesterday<\/b> after concerns about an escalating tariff war with China lessened. The S&P 500 Index added 105.21 to 6,654.72.<\/em><\/p>\n

U.S. equity index futures moved lower this morning.<\/b> S&P 500 futures were down 59 points to 6,635 at 8:30 AM EDT.<\/em><\/p>\n

Yesterday, Gold bullion<\/b> added $96.40 to another all-time high at US$4,109.65. This morning gold added another $17.40 per ounce. <\/em><\/p>\n

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JP Morgan Chase<\/b> added $0.58 to $308.51 after reporting higher than consensus third quarter results.<\/em><\/p>\n

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Wells Fargo<\/b> gained $1.57 to $80.49 after reporting higher than consensus third quarter results. <\/em><\/p>\n

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General Motors<\/b> dropped $0.99 to $54.63 after reporting a $1.6 billion EV write down.<\/em><\/p>\n

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EquityClock\u2019s market outlook for October 14th<\/sup><\/strong><\/font><\/em><\/p>\n

Time to dust off the simple 12-21 strategy using the Volatility Index (VIX). See:<\/em> <\/b><\/p>\n

https:\/\/equityclock.com\/2025\/10\/11\/stock-market-outlook-for-october-14-2025\/<\/a><\/p>\n

Technical Scoop for October 13th<\/sup><\/strong><\/font> from David Chapman and <\/font><\/em>www.EnrichedInvesting.com<\/font><\/em><\/a><\/p>\n

https:\/\/enrichedinvesting.com\/library\/<\/em><\/a><\/p>\n

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

The Bottom Line<\/strong><\/font><\/p>\n

Significant technical damage was recorded by North American equity markets on Friday<\/b>. The S&P 500, NASDAQ Composite Index, Dow Jones Industrial Average and the TSX Composite Index plunged below their 20 day moving average.<\/p>\n

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The VIX Index spiked on Friday<\/b>, up 5.23% to 21.66% and briefly moved above 21.90% to a fourth month high. The trigger was President Trump\u2019s comments on possible tariff increases on China. China large cap iShares (FXI) plunged 5.38% on Friday.<\/p>\n

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Consensus for Earnings and Revenues for S&P 500 companies<\/strong><\/font> <\/p>\n

Source: www.factset.com<\/a><\/p>\n

<\/b><\/p>\n

Analyst earnings and revenue estimates were mostly unchanged last week.<\/b><\/p>\n

\u00b7 Consensus for third quarter 2025 <\/b>earnings gains remained at 8.0%. Consensus for third quarter revenue growth remained at 6.3%. <\/p>\n

\u00b7 Consensus for fourth quarter 2025 <\/b>earnings increased to 7.4% from7.3%. Revenue growth remained at 6.4%.For all of 2025, <\/b>consensus for <\/b>earnings growth remained at 10.9%. Consensus for revenue gains remained at 6.1%.<\/p>\n

\u00b7 Consensus for first quarter 2026<\/b> earnings growth slipped to 11.7% from 11.8%. Consensus for revenue gains increased remained at 7.2%..<\/p>\n

\u00b7 Consensus for second quarter 2026<\/b> earnings growth remained at 12.7%. Consensus for revenue growth remained at 6.4%.<\/p>\n

\u00b7 For all of 2026<\/b>, earnings growth remained at 13.8%. Consensus for revenue growth remained at 6.6%.<\/p>\n

Economic News This Week<\/strong><\/font><\/p>\n

Note: None of the U.S. federal data points will be released until after resolution of the shutdown by Congress.<\/b><\/p>\n

August Canadian Building Permits<\/b> released at 8:30 AM EDT on Tuesday are expected to increase 0.2% versus a 0.1% gain in July.<\/p>\n

Federal Reserve Chairman Powell<\/b> speaks at 12:20 PM EDT on Tuesday<\/p>\n

September U.S. Consumer Price Index<\/b> released at 8:30 AM EDT on Wednesday is expected to increase 0.3% versus a 0.4% gain in August. Excluding food and energy<\/b>, September CPI is expected to increase 0.3% versus a 0.3% increase in August.<\/p>\n

October Empire State Manufacturing Survey<\/b> released at 8:30 AM EDT on Wednesday is expected to improve to 0.2 from -8.7 in September. <\/p>\n

September Canadian Housing Starts<\/b> released at 8:15 AM EDT on Thursday are expected to increase to 248,000 from 245,800 in August.<\/p>\n

Beige Book<\/b> is released at 2:00 PM EDT on Wednesday.<\/p>\n

September U.S. Retail Sales<\/b> released at 8:30 AM EDT on Thursday are expected to increase 0.4% versus a 0.6% gain in August. Excluding auto sales<\/b>, September U.S. Retail Sales are expected to increase 0.4% versus a 0.7% gain in August. <\/p>\n

September U.S. Producer Price Index<\/b> released at 8:30 AM EDT on Thursday is expected to increase 0.3% versus a 0.1% drop in August.<\/p>\n

U.S. August Business Inventories<\/b> released at 10:00 AM EDT on Thursday are expected to increase 0.2% versus a 0.2% gain in July.<\/p>\n

Bank of Canada Maclem<\/b> speaks at 1:30 PM EDT.<\/p>\n

International Monetary Fund<\/b> meeting starts<\/p>\n

September U.S. Non-farm Payrolls<\/b> released at 8:30 AM EDT on Friday are expected to increase to 52,000 from 22,000 in August. September Unemployment Rate is expected to remain unchanged from August at 4.3%.<\/p>\n

September U.S. Housing Starts<\/b> released at 8:30 AM EDT on Friday are expected to be unchanged from August at 1.31 million units.<\/p>\n

September U.S. Industrial Production<\/b> released at 9:15 AM EDT on Friday is expected to increase 0.1% versus a 0.1% gain in August. September Capacity Utilization<\/b> is expected to slip to 77.3% from 77.4% in August<\/p>\n

Selected Earnings News This Week<\/strong><\/font><\/p>\n

Focuses this week are on third quarter results released by major U.S. banks<\/b>.<\/p>\n

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Trader\u2019s Corner<\/font> (Changes last week)<\/em><\/strong><\/p>\n

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Equity Indices and Related ETFs<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Equity Trends for October 10th<\/sup> 2025<\/p>\n

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

Red: Decrease from previous day<\/font><\/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 10th<\/sup> 2025<\/p>\n

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Green: Increase from previous day<\/font> <\/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 10th<\/sup> 2025<\/p>\n

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

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

Changes last week<\/strong><\/font><\/p>\n

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

Should You Sell Now? Here’s What the Charts Are Saying: Mary Ellen McGonagle<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=ScEu0Ap1n3k<\/a><\/p>\n

Where Might Be The Downside Target for U.S. Stocks? Tom Bowley<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=47dAhhBDsXM<\/a><\/p>\n

Weekly Update with Larry Berman – October 11, 2025<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=763En9p8b9Q<\/a><\/p>\n

The Top: TheTechnicalTraders<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=GSI9xs9ecSk<\/a><\/p>\n

This Week in Money: Ross Clark, Victor Adair, Hilliard MacBeth<\/b><\/p>\n

https:\/\/www.howestreet.com\/2025\/10\/gold-oil-uranium-rare-earths-trade-wars-real-estate-chinese-evs-victor-adair-hillaird-macbeth-ross-clark-this-week-in-money\/<\/a><\/p>\n

Has Gold Topped Out? Bob Hoye<\/b><\/p>\n

https:\/\/www.howestreet.com\/2025\/10\/has-gold-topped-out-bob-hoye\/<\/a><\/p>\n

Should We Be Concerned About Gold? Mark Leibovit<\/b><\/p>\n

https:\/\/www.howestreet.com\/2025\/10\/should-we-be-concerned-about-gold-market-dip-mark-leibovit\/<\/a><\/p>\n

Michael Campbell\u2019s Money Talks for October 11th<\/sup> <\/b><\/p>\n

https:\/\/mikesmoneytalks.ca\/category\/mikes-content\/complete-show\/<\/a><\/p>\n

From Rally to Reversal: Four S&P 500 Scenarios Based on the Charts: David Keller<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=69VQuHFIH8w<\/a><\/p>\n

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

\"clip_image015\"<\/a><\/p>\n

The intermediate term Barometer plunged 12.80 on Friday and 23.00 last week to 38.40. It changed from Overbought to Oversold on a drop below 40.00.<\/p>\n

\"clip_image016\"<\/a><\/p>\n

The long term Barometer dropped 7.60 on Friday and 10.80 last week to 56.60. It changed from Overbought to Neutral on a fall below 60.00.<\/p>\n

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

\"clip_image017\"<\/a><\/p>\n

The intermediate term Barometer dropped 4.67 on Friday and 10.17 last week to 65.89. It remains Overbought.<\/p>\n

\"clip_image018\"<\/a><\/p>\n

The long term Barometer dropped 1.87 on Friday and fell 4.51 last week to 82.71. It remains Overbought.<\/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 Tuesday October 14th U.S. equity indices moved higher yesterday after concerns about an escalating tariff war with China lessened. The S&P 500 Index added 105.21 to 6,654.72. U.S. equity index futures moved lower this morning. S&P 500 futures were down 59 points to 6,635 at 8:30 AM EDT. Yesterday, Gold bullion added […]<\/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-189599","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189599","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=189599"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189599\/revisions"}],"predecessor-version":[{"id":189609,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/189599\/revisions\/189609"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=189599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=189599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=189599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}