{"id":190872,"date":"2025-11-30T20:35:19","date_gmt":"2025-12-01T01:35:19","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=190872"},"modified":"2025-12-01T08:45:45","modified_gmt":"2025-12-01T13:45:45","slug":"tech-talk-for-monday-december-1st-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/11\/30\/tech-talk-for-monday-december-1st-2025\/","title":{"rendered":"Tech Talk for Monday December 1st 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Monday December 1<sup>st<\/sup> 2025<\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were lower this morning.<\/b> S&amp;P 500 futures were down 46 points at 8:30 AM EST.<\/em><\/p>\n<p><em><b>U.S. Global Jets ETF<\/b> (JETS) dropped $0.18 to $26.13 after hundreds of flights were canceled after a winter storm hit Chicago.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image001.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image001_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for December 1<sup>st<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>The S&amp;P 500 Index has averaged a return of 1.2% in December with a frequency of gains for the month coming in at 72%. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/11\/28\/stock-market-outlook-for-december-1-2025\/\"><em>https:\/\/equityclock.com\/2025\/11\/28\/stock-market-outlook-for-december-1-2025\/<\/em><\/a><\/p>\n<p><em><\/em><\/p>\n<p><em><font size=\"4\"><strong><font size=\"5\">Technical Scoop<\/font> for December 1<sup>st<\/sup> <\/strong><\/font><\/em><a name=\"_GoBack\"><\/a><em><font size=\"4\"><strong>from <font size=\"5\">David Chapman<\/font> and <\/strong><\/font><\/em><a href=\"http:\/\/www.EnrichedInvesting.com\"><em><font size=\"4\"><strong>www.EnrichedInvesting.com<\/strong><\/font><\/em><\/a><\/p>\n<p><a href=\"https:\/\/enrichedinvesting.com\/library\/\"><em>https:\/\/enrichedinvesting.com\/library\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong>The Bottom Line<\/strong><\/font><\/p>\n<p><b>Seasonal strength by North American indices from late November to early January \u201ckicked in\u201d last week <\/b>despite limited favourable economic and corporate news. Notable was strength by the NASDAQ Composite Index on a real and relative basis (relative to the S&amp;P 500). <\/p>\n<p>Economic News This Week<\/p>\n<p><b>U.S. September Construction Spending<\/b> is released at 10:00 AM EST on Monday<\/p>\n<p><b>November ISM Manufacturing PMI<\/b> released at 10:00 AM EST on Monday is expected to improve to 49.0 from 48.7 in October<\/p>\n<p><b>September U.S. Capacity Utilization <\/b>released at 9:15 AM EST on Wednesday is expected to increase to 77.3 from 75.8 in August.<\/p>\n<p><b>November ISM Non- manufacturing PMI<\/b> released at 10:00 AM EST on Wednesday is expected to slip to 52.0 from 52.4 in October.<\/p>\n<p><b>November Canadian Employment Report<\/b> is released at 8:30 AM EST on Friday<\/p>\n<p><font size=\"5\"><strong>Selected Earnings News This Week<\/strong><\/font><\/p>\n<p>Focus this week is on fiscal fourth quarter reports by Canada\u2019s major banks.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image002_thumb-18.png\" width=\"244\" height=\"159\" \/><\/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_image004-17.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-16.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 28<sup>th <\/sup>2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image006_thumb-15.png\" width=\"244\" height=\"116\" \/><\/a><\/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><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 28<sup>th<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image008_thumb-13.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 November 28<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image010-11.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-11.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>Changes last week<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image012-13.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-13.png\" width=\"244\" height=\"244\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Michael Cambell\u2019s MoneyTalks for November 29<sup>th<\/sup> <\/b><\/p>\n<p><a href=\"https:\/\/mikesmoneytalks.ca\/category\/mikes-content\/complete-show\/\">Michael Campbell\u2019s MoneyTalks \u2013 Complete Show (mikesmoneytalks.ca)<\/a><\/p>\n<p><b>Is the Santa Claus Market Rally a Myth? Bob Hoye<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/11\/is-the-santa-claus-market-rally-a-myth-bob-hoye\/\">https:\/\/www.howestreet.com\/2025\/11\/is-the-santa-claus-market-rally-a-myth-bob-hoye\/<\/a><\/p>\n<p><b>Why Your Portfolio Might Go Higher in December; Mark Leibovit<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/11\/why-your-portfolio-might-go-higher-in-december-mark-leibovit\/\">https:\/\/www.howestreet.com\/2025\/11\/why-your-portfolio-might-go-higher-in-december-mark-leibovit\/<\/a><\/p>\n<p><b>Long-term uptrend due for an extended pause, says Fairlead&#8217;s Stockton on S&amp;P 500<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=9FMf7Oaenl4\">Long-term uptrend due for an extended pause, says Fairlead&#8217;s Stockton on S&amp;P 500 \u2013 YouTube<\/a><\/p>\n<p><b>The Shocking Truth About K-Shaped Wealth Gaps and Market Risk: ValueTrendCanada<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=t9mXnB4Mn4E\">The Shocking Truth About K-Shaped Wealth Gaps and Market Risk \u2013 YouTube<\/a><\/p>\n<p><b>&quot;Impressive&quot; 2025: Seasonal Trends &amp; FOMC Outlook Keep Bulls Running: Schwab Network<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=z-6PvnC1gQ4\">&quot;Impressive&quot; 2025: Seasonal Trends &amp; FOMC Outlook Keep Bulls Running \u2013 YouTube<\/a><\/p>\n<p><b>Market Strength Broadens \u2014 What\u2019s Powering This Rally? Mary Ellen McGonagle<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=AlPz8MgrQOo\">https:\/\/www.youtube.com\/watch?v=AlPz8MgrQOo<\/a><\/p>\n<p><b>Weekly Update with Larry Berman &#8211; November 29, 2025<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=a6Y8qaa7WxQ\">https:\/\/www.youtube.com\/watch?v=a6Y8qaa7WxQ<\/a><\/p>\n<p><b>Tom Lee: \u201cWe\u2019re Set Up for a Really Strong Rally Into Year-End\u201d<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=mZw9WF8YIfk\">https:\/\/www.youtube.com\/watch?v=mZw9WF8YIfk<\/a><\/p>\n<p><b>Black Friday Shoppers Prepared to Take on Debt: Martin Armstrong<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/11\/black-friday-shoppers-prepared-to-take-on-debt\/\">https:\/\/www.howestreet.com\/2025\/11\/black-friday-shoppers-prepared-to-take-on-debt\/<\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes for Friday<\/strong><\/font><\/p>\n<p><b>Steel ETF<\/b> (SLX) moved above $81.22 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until February 15<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_image013-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image013\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image013\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image013_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Silver iShares<\/b> (SLV) moved above $49.25 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/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\/11\/clip_image014_thumb-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Wal-Mart<\/b> (WMT) a Dow Jones Industrial Average stock moved above $109.57 to an all-time high extending an intermediate uptrend.<a name=\"_GoBack\"><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image015-13.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-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Kinross Gold<\/b> (KGC) a TSX 60 stock moved above US$27.80 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image016-13.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-13.png\" width=\"244\" height=\"152\" \/><\/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_image017-15.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-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 2.60 on Friday and 18.40 last week to 59.20. It remains Neutral. Daily uptrend was established.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image018-16.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image018_thumb-16.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 1.00 on Friday and gained 5.60 last week to 61.60. It changed from Neutral to Overbought on a move above 60.00. Daily uptrend was established.<\/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_image019-12.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image019\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image019\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image019_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 1.42 on Friday and gained 17.53 last week to 71.58. It changed last week from Neutral to Overbought on a move above 60.00. Daily uptrend was established.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image020-10.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image020\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image020\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/11\/clip_image020_thumb-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.47 on Friday and gained 4.26 last week to 81.04. 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 Monday December 1st 2025 U.S. equity index futures were lower this morning. S&amp;P 500 futures were down 46 points at 8:30 AM EST. U.S. Global Jets ETF (JETS) dropped $0.18 to $26.13 after hundreds of flights were canceled after a winter storm hit Chicago. EquityClock\u2019s Market Outlook for December 1st The S&amp;P [&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-190872","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190872","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=190872"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190872\/revisions"}],"predecessor-version":[{"id":190876,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/190872\/revisions\/190876"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=190872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=190872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=190872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}