{"id":191417,"date":"2025-12-21T13:47:44","date_gmt":"2025-12-21T18:47:44","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=191417"},"modified":"2025-12-22T08:49:41","modified_gmt":"2025-12-22T13:49:41","slug":"tech-talk-for-monday-december-22nd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/12\/21\/tech-talk-for-monday-december-22nd-2025\/","title":{"rendered":"Tech Talk for Monday December 22nd 2025"},"content":{"rendered":"

Pre-opening Comments for Monday December 22nd<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 31<\/em><\/a> points at 8:30 AM EST.<\/em><\/p>\n

Spot Gold<\/b> advanced $71.75 to an all-time high at $4,409.58 per ounce.<\/em><\/p>\n

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Nikkei Index<\/b> advanced 895.18 to 50,402.39.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for December 22nd<\/sup><\/strong><\/font><\/em><\/p>\n

Santa Claus is starting to deliver on the positivity that is normal for stocks into the end of the year. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2025\/12\/19\/stock-market-outlook-for-december-22-2025\/<\/em><\/a><\/p>\n

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

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

Santa Claus arrived later than usual this year!<\/b> The proverbial Santa Claus Rally in North American equity markets<\/a> from December 14th<\/sup> to January 6th<\/sup> started this year on Thursday December 18th Equity prices responded late last week when analysts significant increased quarterly earnings and revenues estimates.<\/p>\n

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

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

Analyst earnings and revenue estimates increased significantly from last week\u2019s report: <\/b><\/p>\n

\u00b7 Consensus for fourth quarter 2025 <\/b>earnings gains increased to 8.3% from8.1%. Consensus for revenue growth increased to 7.6% from7.5%. For all of 2025, <\/b>consensus for <\/b>earnings gains increased to 12.3% from 12.1%. Consensus for revenue gains increased to 7.0% from 6.9%.<\/p>\n

\u00b7 Consensus for first quarter 2026<\/b> calls for a 13.1% earnings increase, up from 12.4% last week. Revenue gains increased to 8.2% from a previous 7.9% gain.<\/p>\n

\u00b7 Consensus for second quarter 2026<\/b> earnings gains increased to 14.6% from 13.8%. Consensus for revenue gains increased to 7.3% from 7.1%.<\/p>\n

\u00b7 Consensus for third quarter 2026<\/b> earnings calls for a 14.7% gain, up from 13.8% last week. Consensus for revenue gains increased to 6.5% from 6.3%<\/p>\n

\u00b7 Consensus for fourth quarter 2026<\/b> earnings calls for a 18.1% earnings gain versus 17.5% last week and a7.2% revenue gain, up from 7.1% last week.<\/p>\n

\u00b7 For all of 2026<\/b>, consensus for earnings growth increased to 15.0% from 14.5%. Consensus for revenue gains increased to 7.2% from 7.1%.<\/p>\n

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

October U.S. Durable Goods Orders<\/b> are released at 8:30 AM EST on Tuesday<\/p>\n

Third Quarter U.S. GDP<\/b> released at 8:30 AM EST on Tuesday is expected to slip to 3.2% from 3.8% in the second quarter.<\/p>\n

September U.S. Housing Starts<\/b> released at 8:30 AM EST on Tuesday are expected to increase to 1.320 million units from 1.307 million units in August.<\/p>\n

Canada\u2019s October GDP<\/b> released at 8:30 AM EST on Tuesday is expected to drop 0.3% versus a 0.2% increase in September.<\/p>\n

October Capacity Utilization <\/b>released at 9:15 AM EST on Tuesday is expected to be unchanged at 75.9%. October Industrial Production is expected to be up 0.1% versus a 0.1% gain in September.<\/p>\n

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

Nil<\/p>\n

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 December 19th<\/sup> 2025<\/p>\n

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

Red: Decrease from previous day<\/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 December 19th<\/sup> 2025<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for December 19th<\/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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Technical Notes<\/strong><\/font><\/p>\n

Nike <\/b>(NKE) a Dow Jones Industrial Average stock moved below $59.91 extending an intermediate downtrend. Responded to less than consensus fiscal second quarter results!<\/p>\n

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American Tower<\/b> (AMT) an S&P 100 stock moved below $174.35 extending an intermediate downtrend.<\/p>\n

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Monster Beverage<\/b> (MNST) a NASDAQ 100 stock moved above $76.28 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until January 16th<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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Charles Schwab<\/b> (SCHW) an S&P 100 stock moved above $99.13 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until January 10th<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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National Bank<\/b> (NA.TO) a TSX 60 stock moved above Cdn$175.99 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until March 1st<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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CAE Inc.<\/b> (CAE.TO) a TSX 60 stock moved above Cdn$41.38 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until March 1st<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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

Michael Campbell\u2019s Money Talks for December 20th<\/sup> <\/b><\/p>\n

Michael Campbell\u2019s MoneyTalks \u2013 Complete Show (mikesmoneytalks.ca)<\/a><\/p>\n

This week in money: Ross Clark, Mark Leibovit and Robert Campbell<\/b><\/p>\n

https:\/\/www.howestreet.com\/2025\/12\/gold-silver-cannabis-real-estate-mark-leibovit-robert-campbell-ross-clark-this-week-in-money\/<\/a><\/p>\n

Is a Santa Claus Rally Starting to Take Shape? Mary Ellen McGonagle<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=xpAoMr1dzx0<\/a><\/p>\n

Weekly Update with Larry Berman – December 20, 2025<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=pv1jmQSlxGA<\/a><\/p>\n

Dan Niles: The "Swiss Army Knife" Problem That Could Kill Nvidia\u2019s Stock: Dan Nathan<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=wXA9wBzUrrY<\/a><\/p>\n

Oil Is Hated Now: Josef Schachter Explains What Changes in 2026<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=hgv9oCBjR5Y<\/a><\/p>\n

Energy Market Year-End Review & 2026 Oil and Natural Gas Outlook: Nine Point Partners<\/b><\/p>\n

Energy Market Year-End Review & 2026 Oil and Natural Gas Outlook \u2013 YouTube<\/a><\/p>\n

\u201cWe Like Bonds\u201d Goldman Sachs<\/b><\/p>\n

\u201cWe Like Bonds\u201d \u2013 YouTube<\/a><\/p>\n

Bob\u2019s Financial Story of the Year: Bob Hoye<\/b><\/p>\n

Bob\u2019s Financial Story of the Year \u2013 HoweStreet<\/a><\/p>\n

The truth about tax rates: Michael Green <\/b><\/p>\n

https:\/\/www.howestreet.com\/2025\/12\/the-truth-about-tax-rates\/<\/a><\/p>\n

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

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The intermediate term Barometer slipped 0.60 on Friday and dropped 2.60 last week to 57.00. It remains Neutral.<\/p>\n

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The long term Barometer dropped 1.60 on Friday and dropped 2.80 last week to 60.60. It remains Overbought.<\/p>\n

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

\"clip_image019\"<\/a><\/p>\n

The intermediate term Barometer added 3.32 on Friday and gained 4.27 last week to 70.62. It remains Overbought.<\/p>\n

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The long term Barometer dropped 0.95 on Friday and was unchanged last week to 81.04. It remains Overbought.<\/p>\n

Tech Talk is a free service offered each business day at www.timingthemarket.ca<\/a><\/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 Monday December 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 31 points at 8:30 AM EST. Spot Gold advanced $71.75 to an all-time high at $4,409.58 per ounce. Nikkei Index advanced 895.18 to 50,402.39. EquityClock\u2019s Market Outlook for December 22nd Santa Claus is starting to deliver […]<\/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-191417","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191417","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=191417"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191417\/revisions"}],"predecessor-version":[{"id":191423,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191417\/revisions\/191423"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=191417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=191417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=191417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}