{"id":191065,"date":"2025-12-07T16:17:13","date_gmt":"2025-12-07T21:17:13","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=191065"},"modified":"2025-12-08T09:02:20","modified_gmt":"2025-12-08T14:02:20","slug":"tech-talk-for-monday-december-8th-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/12\/07\/tech-talk-for-monday-december-8th-2025\/","title":{"rendered":"Tech Talk for Monday December 8th 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Monday December 8<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 10<\/em><a name=\"_GoBack\"><\/a><em> points at 8:30 AM EST. <\/em><\/p>\n<p><em><b>Tesla <\/b>dropped $6.30 to $448.70 after Morgan Stanley downgraded the stock from Overweight to Equal Weight.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image001-5.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-5.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for December 8<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Canadian Labour market data is providing important insight on how to position portfolios into the end of 2025 and through the start of 2026. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/12\/06\/stock-market-outlook-for-december-8-2025\/\"><em>https:\/\/equityclock.com\/2025\/12\/06\/stock-market-outlook-for-december-8-2025\/<\/em><\/a><\/p>\n<p><em><font size=\"4\"><strong><font size=\"5\">Technical Scoop<\/font> for December 8<sup>th<\/sup> 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><\/strong><\/font><\/p>\n<p><font size=\"5\"><strong>The Bottom Line<\/strong><\/font><\/p>\n<p><b>Focuses this week are on interest rate decisions announced on Wednesday by Bank of Canada and the Federal Reserve<\/b>. Consensus calls for no change in the Bank of Canada\u2019s overnight lending rate to major Canadian banks and a 0.25% drop in the Fed Fund Rate to 3.75%.<\/p>\n<p><font size=\"5\"><strong>Consensus for Earnings and Revenues for S&amp;P 500 companies<\/strong><\/font> <\/p>\n<p>Source: <a href=\"http:\/\/www.factset.com\">www.factset.com<\/a><\/p>\n<p><b>Analyst earnings and revenue estimates increased slightly from the last report two weeks ago: <\/b><\/p>\n<ul>\n<li>Consensus for<b> fourth quarter 2025 <\/b>earnings gains increased to 7.7% from7.5%. Consensus for revenue growth increased to 7.5% from 7.3%. <b>For all of 2025, <\/b>consensus for<b> <\/b>earnings growth slipped to 11.9% from 12.2%. Consensus for revenue gains increased to 6.9% from 6.8%.<\/li>\n<li>Consensus for <b>first quarter 2026<\/b> calls for a 12.2% earnings increase, unchanged from two weeks ago. Revenue gains were increased to 8.0% from a 7.9% gain.<\/li>\n<li>Consensus for <b>second quarter 2026<\/b> earnings gains increased to 13.6% from 13.3%. Consensus for revenue gains increased to 7.1% from 7.0%<\/li>\n<li>Consensus for <b>third quarter 2026<\/b> earnings calls for a 13.6% earnings gain and a 6.3% revenue gain.<\/li>\n<li>Consensus for <b>fourth quarter 2026<\/b> earnings calls for a 17.5% earnings gain and a7.1% revenue gain.<\/li>\n<li><b>For all of 2026<\/b>, consensus for earnings growth increased to 14.5% from 13.9%. Consensus for revenue growth increased to 7.1% from 6.9%.<\/li>\n<\/ul>\n<p><strong><font size=\"5\">Economic News This Week<\/font><\/strong><\/p>\n<p><b>Bank of Canada\u2019s interest rate decision<\/b> is released at 10.00 AM EST on Wednesday. Consensus calls for no change at 2.25% for its lending rate to major banks. Press conference is scheduled at 10:30 AM EST.<\/p>\n<p><b>FOMC\u2019s interest rate decision<\/b> is released at 2:00 PM EST on Wednesday. Consensus calls for a 0.25% drop in the Fed Fund Rate to 3.75%. Press conference is offered at 2:30 PM EST.<\/p>\n<p><b>Canada\u2019s Trade Balance <\/b>for September released at 8:30 AM EST on Thursday is expected to recover to $-4.30 billion from $-6.32 billion in August.<\/p>\n<p><b>U.S. Trade Deficit<\/b> for September released at 8:30 AM EST on Thursday is expected to increase to $65.50 billion from $59.60 billion in August. <\/p>\n<p><font size=\"5\"><strong>Selected Earnings News This Week<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image002-4.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\/12\/clip_image002_thumb-4.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\/12\/clip_image0021-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[1]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image0021_thumb-1.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 December 5<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image006-3.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\/12\/clip_image006_thumb-3.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 December 5<sup>th<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image008-3.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\/12\/clip_image008_thumb-3.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 December 5<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image010-3.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\/12\/clip_image010_thumb-3.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\/12\/clip_image012-3.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\/12\/clip_image012_thumb-3.png\" width=\"244\" height=\"244\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes for Friday<\/strong><\/font><\/p>\n<p><b>Canadian Dollar<\/b> ($XDC) moved above US72.00 cents following release of Canada\u2019s October employment report: The Canuck Buck responded to a better than expected increase in employment in October by 53,500 and a reduction in the Unemployment Rate to 6.5% from 6.9%. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image013.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\/12\/clip_image013_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>S&amp;P 500 Equal Weight ETF<\/b> (RSP) moved above $192.30 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until February 9<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\/12\/clip_image014-2.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\/12\/clip_image014_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Energy SPDRs<\/b> (XLE) moved above $46.46 and $46.63 extending an intermediate uptrend. Seasonal influences are favourable until April 12<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\/12\/clip_image015-3.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\/12\/clip_image015_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Capital One Financial<\/b> (COF) an S&amp;P 100 stock moved above $230.95 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image016-3.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\/12\/clip_image016_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>US Bancorp<\/b> (USB) an S&amp;P 100 stock moved above $51.66 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image017-3.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\/12\/clip_image017_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Lulu lemon<\/b> (LULU) a NASDAQ 100 stock moved above $186.91 completing a double bottom pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image018-3.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\/12\/clip_image018_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Mike\u2019s Money Talks for December 6<sup>th<\/sup> <\/b><\/p>\n<p><a href=\"https:\/\/mikesmoneytalks.ca\/category\/mikes-content\/complete-show\/\">https:\/\/mikesmoneytalks.ca\/category\/mikes-content\/complete-show\/<\/a><\/p>\n<p><b>The Silent Warning in Stocks \u2014 And the One Group Breaking Higher: Julius de Kempenaer<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=KYGEAVv5igI\">https:\/\/www.youtube.com\/watch?v=KYGEAVv5igI<\/a><\/p>\n<p><b>Natural Gas Supercycle? Eric Nuttall &amp; Range Resources CEO<b> Break Down LNG, AI &amp; Supply Constraints: Nine Point Partners<\/b><\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-z-WcFpRxh8\">https:\/\/www.youtube.com\/watch?v=-z-WcFpRxh8<\/a><\/p>\n<p><b>Top Trades As Market Ready For PCE And A Fed Rate Cut, Here&#8217;s The Institutional Analysis<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=bV-xFBAGDCY\">https:\/\/www.youtube.com\/watch?v=bV-xFBAGDCY<\/a><\/p>\n<p><b>Japanese Bond Market Worrying Wall Street: Mark Leibovit<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/12\/japanese-bond-market-worrying-wall-street-mark-leibovit\/\">https:\/\/www.howestreet.com\/2025\/12\/japanese-bond-market-worrying-wall-street-mark-leibovit\/<\/a><\/p>\n<p><b>A Financial Nuclear Bomb is About to Explode: Tim Wood<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/12\/a-financial-nuclear-bomb-is-about-to-explode-tim-wood\/\">https:\/\/www.howestreet.com\/2025\/12\/a-financial-nuclear-bomb-is-about-to-explode-tim-wood\/<\/a><\/p>\n<p><b>Housing Bubble #2: Robert Campbell<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/12\/housing-bubble-2\/\">https:\/\/www.howestreet.com\/2025\/12\/housing-bubble-2\/<\/a><\/p>\n<p><b>Several Sectors of US Economy Already in Recession: Bob Hoye<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/12\/several-sectors-of-us-economy-already-in-recession-bob-hoye\/\">https:\/\/www.howestreet.com\/2025\/12\/several-sectors-of-us-economy-already-in-recession-bob-hoye\/<\/a><\/p>\n<p><b>This Week in Money: Ross Clark, Victor Adair, Rick Ackerman<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2025\/12\/gold-silver-copper-bitcoin-ai-stock-markets-victor-adair-rick-ackerman-ross-clark-this-week-in-money\/\">https:\/\/www.howestreet.com\/2025\/12\/gold-silver-copper-bitcoin-ai-stock-markets-victor-adair-rick-ackerman-ross-clark-this-week-in-money\/<\/a><\/p>\n<p><a name=\"_GoBack\"><\/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\/12\/clip_image019.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\/12\/clip_image019_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer slipped 1.00 on Friday and dropped 4.20 last week to 55.00. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image020.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image020\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image020\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image020_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 1.80 on Friday and gained 0.80 last week to 62.40. It remains Overbought.<\/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\/12\/clip_image021.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image021\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image021\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image021_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 4.27 on Friday fell 6.63 to 64.93 last week to 64.93. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image022.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image022\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image022\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image022_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer was unchanged on Friday and gained 1.42 last week to 82.46. 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 8th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 10 points at 8:30 AM EST. Tesla dropped $6.30 to $448.70 after Morgan Stanley downgraded the stock from Overweight to Equal Weight. EquityClock\u2019s Market Outlook for December 8th Canadian Labour market data is providing important insight [&hellip;]<\/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-191065","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191065","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=191065"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191065\/revisions"}],"predecessor-version":[{"id":191069,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191065\/revisions\/191069"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=191065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=191065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=191065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}