{"id":190199,"date":"2025-11-03T20:34:57","date_gmt":"2025-11-04T01:34:57","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=190199"},"modified":"2025-11-04T08:42:04","modified_gmt":"2025-11-04T13:42:04","slug":"tech-talk-for-tuesday-november-4th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/11\/03\/tech-talk-for-tuesday-november-4th-2025\/","title":{"rendered":"Tech Talk for Tuesday November 4th 2025"},"content":{"rendered":"

Pre-opening Comments for Tuesday November 4th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were sharply lower this morning.<\/b> S&P 500 futures were down 79 points at 8:30 AM EDT.<\/em><\/p>\n

Today is Election Day in the U.S. and Federal Budget Day in Canada. <\/em><\/b><\/p>\n

Franco-Nevada<\/b> (FNV) added $1.01 to US$188.88 after reporting record third quarter revenues and earnings. <\/em><\/p>\n

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Starbucks<\/b> (SBUX) gained $1.54 to $82.50 after announcing a joint venture with a company in China.<\/em><\/p>\n

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Clorox <\/b>(CLX) added $2.86 to $112.00 after reporting higher than consensus third quarter results. Seasonal influences are favourable until March 28th<\/sup>. See seasonality chart at <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

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Palantir <\/b>dropped $3.97 to $203.21 despite reporting record third quarter revenues and earnings. The company also offered favourable guidance.<\/em> <\/p>\n

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EquityClock\u2019s Market Outlook for November 4th<\/sup><\/strong><\/font><\/em><\/p>\n

US Supreme Court ruling on tariffs could be highly influential to the performance of the dollar, stocks, and bonds in the near-term. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/11\/03\/stock-market-outlook-for-november-4-2025\/<\/em><\/a><\/p>\n

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

U.S. Dollar Index ETN<\/b> (UUP) moved above $27.92 and $28.11 completing a reverse Head & Shoulders pattern. Conversely, the Canadian Dollar dropped US$0.22 to US71.15 cents, a seven month low. <\/p>\n

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Home Builders<\/b> SPDRs (XHB) moved below $103.39 setting an intermediate downtrend.<\/p>\n

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Global Timber iShares<\/b> (WOOD) moved below $68.69 extending an intermediate downtrend. <\/p>\n

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S&P 100 and NASDAQ 100<\/b> stocks<\/b> breaking resistance extending an intermediate uptrend include IDEXX Laboratories<\/b> (IDXX) on a move above $688.12, Tesla<\/b> (TSLA) on a move above $470.75 and Mongo DB<\/b> (MDB) on a move above $688.12. Seasonal influences on IDEXX are favourable until March 1st<\/sup>. Seasonal influences for Tesla and Mongo DB are favourable until mid-February. See seasonality charts at www.EquityClock.com<\/a><\/p>\n

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S&P 100 and NASDAQ 100 stocks<\/b> breaking support extending an intermediate downtrend include Home Depot (HD) on a move below $374.78 and UnitedHealth Group (UNH) on a move below $332.60<\/p>\n

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WSP Global<\/b> (WSP.TO) a TSX 60 stock moved below Cdn$269.15 and Cdn$266.35 completing a double top pattern.<\/p>\n

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Canadian Pacific<\/b> (CP.TO) a TSX 60 stock moved below Cdn$99.61 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 November 3rd<\/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 November 3rd<\/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 November 3rd<\/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

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

The S&P 500 could reach 7,500 by year-end, says Fundstrat’s Tom Lee<\/b><\/p>\n

The S&P 500 could reach 7,500 by year-end, says Fundstrat’s Tom Lee \u2013 YouTube<\/a><\/p>\n

Earnings Growth Will Be Better Than Expected, Morgan Stanley’s Wilson Says<\/b><\/p>\n

Earnings Growth Will Be Better Than Expected, Morgan Stanley’s Wilson Says \u2013 YouTube<\/a><\/p>\n

Market Events This Week: Earnings, Jobs Report, M&A Heat Up: Kevin Green<\/b><\/p>\n

Market Events This Week: Earnings, Jobs Report, M&A Heat Up \u2013 YouTube<\/a><\/p>\n

10 Stocks With Surging Momentum | Weekly Market Recap: Tom Bowley<\/b><\/p>\n

10 Stocks With Surging Momentum | Weekly Market Recap \u2013 YouTube<\/a><\/p>\n

Thorne: Overweight Portfolios on A.I., Top Picks in NVDA, MU & CCJ<\/b><\/p>\n

Thorne: Overweight Portfolios on A.I., Top Picks in NVDA, MU & CCJ \u2013 YouTube<\/a><\/p>\n

What Are We Euphoric About? Guy Adami and Dan Nathan<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=kFfc256MMZY<\/a><\/p>\n

Market weakness under the surface: Here’s what you need to know: CNBC<\/b><\/p>\n

Market weakness under the surface: Here’s what you need to know \u2013 YouTube<\/a><\/p>\n

Brian Belski’s bull case for the market<\/b><\/p>\n

Brian Belski’s bull case for the market \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer dropped 2.20 to 38.80. It changed from Neutral to Oversold on a drop below 40.00.<\/p>\n

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The long term Barometer dropped 1.20 to 54.30. It remains Neutral. Daily trend is down.<\/p>\n

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

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The intermediate term Barometer dropped 2.35 to 57.75. It changed from Overbought to Neutral on a drop below 60.00.<\/p>\n

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The long term Barometer was unchanged at 80.00. It remains Overbought.<\/p>\n

Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at <\/em><\/p>\n

www.equityclock.com<\/em><\/a> 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 November 4th U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 79 points at 8:30 AM EDT. Today is Election Day in the U.S. and Federal Budget Day in Canada. Franco-Nevada (FNV) added $1.01 to US$188.88 after reporting record third quarter revenues and earnings. Starbucks (SBUX) […]<\/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-190199","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190199","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=190199"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190199\/revisions"}],"predecessor-version":[{"id":190209,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190199\/revisions\/190209"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=190199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=190199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=190199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}