{"id":190841,"date":"2025-11-27T20:32:23","date_gmt":"2025-11-28T01:32:23","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=190841"},"modified":"2025-11-28T08:51:14","modified_gmt":"2025-11-28T13:51:14","slug":"tech-talk-for-friday-november-28th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/11\/27\/tech-talk-for-friday-november-28th-2025\/","title":{"rendered":"Tech Talk for Friday November 28th 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday November 28<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning.<\/b> S&amp;P 500 futures were up 13 points at 8:35 AM EST.<\/em><\/p>\n<p><em>The <b>Canadian Dollar<\/b> added 0.06 to US71.46 cents<\/em><a name=\"_GoBack\"><\/a><em> after release of Canada\u2019s September GDP at 8:30 AM EST. Consensus was a 0.1% increase versus a 0.3% drop in August. Actual was a 0.2% increase.<\/em><\/p>\n<p><em><b>Today is \u201cBlack Friday\u201d in the U.S.<\/b> The term \u201cBlack Friday\u201d comes from a proverbial understanding that the bottom line for U.S. retailers for the year turns from red (i.e. a loss) to black (i.e. a profit) on the fourth Friday in November.<\/em><\/p>\n<p><em><b>U.S. equity markets close today at 1:00 PM EST<\/b>. Canadian equity markets have regular trading hours (i.e. close at 4:00 PM EST). Trading activity in both markets are expected to be extremely low. Tradition has it that Canadian equity indices move slightly higher during the day before and after U.S. Thanksgiving Day. Strength by the TSX yesterday is following its historic pattern.<\/em><\/p>\n<p><em><\/em><\/p>\n<p><em><font size=\"5\"><strong>TSX Momentum Barometers for November 27<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em>The intermediate term Barometer added 0.47 to 70.24%. It remains Overbought.<\/em><\/p>\n<p><em>The long term Barometer was unchanged at 80.57%. It remains Overbought.<\/em><\/p>\n<p><em><\/em><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for November 28<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>A bifurcated economy requires being \u201cchoiceful\u201d in stock selection, but there is still plenty to buy at this seasonally strong time of year. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/11\/26\/stock-market-outlook-for-november-28-2025\/\"><em>https:\/\/equityclock.com\/2025\/11\/26\/stock-market-outlook-for-november-28-2025\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>TSX Composite Index, S&amp;P\/TSE 60 iShares (XIU.TO) and Canada iShares (EWC) <\/b>moved to all-time highs on Wednesday.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image001_thumb-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image002-17.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\/11\/clip_image002_thumb-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Marriott <\/b>(MAR) a NASDAQ 100 stock moved above $304.55 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image003-14.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\/11\/clip_image003_thumb-14.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Analog Devices <\/b>(ADI) a NASDAQ 100 stock moved above $257.11 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image004_thumb-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Base Metals equities and related ETFs <\/b>(e.g. XBM.TO) were notably higher on Wednesday and Thursday. Their period of seasonal strength on a real and relative basis is from November 28<sup>th<\/sup> to February 18<sup>th<\/sup>. See seasonality chart at <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image005-14.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\/11\/clip_image005_thumb-14.png\" width=\"244\" height=\"152\" \/><\/a><\/b><b><\/b><\/p>\n<p><b>Leading strength in the base metals sector on Wednesday was Alcoa <\/b>(AA) on a move above $41.44 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until December 29<sup>th<\/sup> See seasonality chart at <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image006-14.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\/11\/clip_image006_thumb-14.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\/11\/clip_image008-12.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\/11\/clip_image008_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 November 26<sup>th <\/sup>2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image010_thumb-10.png\" width=\"244\" height=\"116\" \/><\/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><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 November 26<sup>th<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image012_thumb-12.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 November 26<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image014-12.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\/11\/clip_image014_thumb-12.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>Seasonality, Sector Rotations &amp; Shifting Power on Wall Street: Guy Adami, Dan Nathan and Danny Moses.<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=NlkCg3jLr3E\">Seasonality, Sector Rotations &amp; Shifting Power on Wall Street \u2013 YouTube<\/a><\/p>\n<p><b>Thanksgiving Rally in Gold, Silver, and Equities: TheTechnicalTraders<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=EVb2B7Zc1z4\">Thanksgiving Rally in Gold, Silver, and Equities \u2013 YouTube<\/a><\/p>\n<p><b>The setup for stocks into year-end: CNBC<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=ezoh7H-1ZPs\">The setup for stocks into year-end \u2013 YouTube<\/a><\/p>\n<p><b>Not betting on more decline&#8217;: Expert touts year-end rally expectations<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=a1xArEpzL1c\">&#8216;Not betting on more decline&#8217;: Expert touts year-end rally expectations \u2013 YouTube<\/a><\/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\/11\/clip_image015-12.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\/11\/clip_image015_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 5.00 to 56.60. It remains Neutral. Daily uptrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image016-12.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\/11\/clip_image016_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.60 to 60.60. It changed from Neutral to Overbought on a move above 60.00.<\/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\/11\/clip_image017-14.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\/11\/clip_image017_thumb-14.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.32 to 69.67. It remains Overbought. Daily uptrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image018-15.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\/11\/clip_image018_thumb-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.95 to 80.57. 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><a href=\"http:\/\/www.equityclock.com\"><em>www.equityclock.com<\/em><\/a><em> 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 November 28th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 13 points at 8:35 AM EST. The Canadian Dollar added 0.06 to US71.46 cents after release of Canada\u2019s September GDP at 8:30 AM EST. Consensus was a 0.1% increase versus a 0.3% drop in August. Actual [&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-190841","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190841","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=190841"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190841\/revisions"}],"predecessor-version":[{"id":190843,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190841\/revisions\/190843"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=190841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=190841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=190841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}