{"id":191456,"date":"2025-12-22T23:02:35","date_gmt":"2025-12-23T04:02:35","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=191456"},"modified":"2025-12-23T08:51:45","modified_gmt":"2025-12-23T13:51:45","slug":"tech-talk-for-tuesday-december-23rd-2025","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2025\/12\/22\/tech-talk-for-tuesday-december-23rd-2025\/","title":{"rendered":"Tech Talk for Tuesday December 23rd 2025"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Tuesday December 23<sup>rd<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were lower this morning<\/b>. S&amp;P 500 futures were 9 points at 8:35 AM EST.<\/em><\/p>\n<p><em>S&amp;P 500 futures dropped 6 points following release of economic news at 8:30 AM EST. C<\/em><a name=\"_GoBack\"><\/a><em>onsensus for <b>Third Quarter U.S. GDP<\/b> was a slip to 3.2% from 3.8% in the second quarter. Actual was an increase to 4.3%<\/em><\/p>\n<p><em>The Canadian Dollar was unchanged at US73.03 cents following release of <b>Canada\u2019s October GDP<\/b> at 8:30 AM EST. Consensus was a 0.3% drop versus a 0.2% increase in September. Actual was a 0.3% drop.<\/em><\/p>\n<p><em>Signs, that the U.S. Dollar has passed an intermediate term bottom, have appeared on the charts. <b>The U.S. Dollar<\/b> completed a \u201cgolden cross\u201d yesterday when its 50 day moving average moved above its 200 day moving average.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image0011-4.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[1]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image0011_thumb-4.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><strong>Note that regular trading on U.S. exchanges closes at 1:00 PM EST on Wednesday and is closed on Thursday. Regular trading on the TSX closes at 4:00 PM EST on Wednesday and is closed on Thursday and Friday.<\/strong><\/em><\/p>\n<p><em><\/em><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for December 23<sup>rd<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Waning interest in consumer discretionary stocks combined with an ongoing rotation towards materials counterparts increasingly influential in equity market performance and how to position into 2026. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2025\/12\/22\/stock-market-outlook-for-december-23-2025\/\"><em>https:\/\/equityclock.com\/2025\/12\/22\/stock-market-outlook-for-december-23-2025\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong><\/strong><\/font><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Gold bullion futures <\/b>($GOLD) moved above $4,381.58 per ounce and<b> Gold bullion ETN<\/b> (GLD) moved above $403.30 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis (relative to the S&amp;P 500 Index) until March 3<sup>rd<\/sup>. See seasonality chart at <a href=\"http:\/\/www.equityclock.ca\">www.equityclock.ca<\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image001-16.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\/12\/clip_image001_thumb-16.png\" width=\"244\" height=\"152\" \/><\/a><a name=\"_GoBack\"><\/a><\/p>\n<p><b>Lithium<\/b> ETN (LIT) moved above $65.23 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image002-15.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-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>S&amp;P 100 and NASDAQ 100 stocks breaking resistance extending intermediate uptrends included <b>Tesla<\/b> (TSLA) on a move above $488.54 to an all-time, <b>JP Morgan Chase<\/b> (JPM) on a move above $322.25 to an all-time high and <b>Intuitive Surgical<\/b> (ISRG) on a move above $582.41. Seasonal influences on a real and relative basis are favourable for Tesla until February 18<sup>th<\/sup> and on Intuitive Surgical until February 15<sup>th<\/sup>. See seasonality charts 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_image003-13.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\/12\/clip_image003_thumb-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image004-12.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\/12\/clip_image004_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image005-8.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\/12\/clip_image005_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Natural Gas ETN<\/b> (UNG) moved below $11.55 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image006-12.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-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>CGI Group<\/b> (GIB) a TSX 60 stock moved above US$92.97 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until February 18<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_image007-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image007\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image007\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image007_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>CAE <\/b>(CAE.TO) a TSX 60 stock moved above Cdn$42.43 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until March 1<sup>st<\/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_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\/12\/clip_image008_thumb-12.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\/12\/clip_image010-12.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-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 December 22<sup>nd<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/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\/12\/clip_image012_thumb-13.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 22<sup>nd<\/sup> 2025<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image014-11.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-11.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 22<sup>nd<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image016-9.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-9.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>The real beneficiaries of AI are going to be the &#8216;Impressive 493&#8217;, says Ed Yardeni<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=4Mreqh3pEuc\">The real beneficiaries of AI are going to be the &#8216;Impressive 493&#8217;, says Ed Yardeni \u2013 YouTube<\/a><\/p>\n<p><b>Santa Claus Rally &quot;Very Sensitive&quot; to Headlines, FOMC&#8217;s 2026 Picture: Schwab Network<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=WyuQcNP3T50\">Santa Claus Rally &quot;Very Sensitive&quot; to Headlines, FOMC&#8217;s 2026 Picture \u2013 YouTube<\/a><\/p>\n<p><b>The Fed chair endgame: Here&#8217;s what to know: Steve Leisman<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=004TPM18Sf4\">The Fed chair endgame: Here&#8217;s what to know \u2013 YouTube<\/a><\/p>\n<p><b>Tech, Silver &amp; Gold Rally to Start Holiday-Shortened Week: Schwab Network<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=U48fU3JavNk\">Tech, Silver &amp; Gold Rally to Start Holiday-Shortened Week &#8211; YouTube<\/a><\/p>\n<p><b>Charles Schwab\u2019s Sonders on her outlook for 2026<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=wp7j_P15juU\">Charles Schwab\u2019s Sonders on her outlook for 2026 \u2013 YouTube<\/a><\/p>\n<p><b>Liz&#8217;s 2026 Market Outlook: The Show Must Go On: Liz Thomas and Guy Adami<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=ofcELu_4joo\">Liz&#8217;s 2026 Market Outlook: The Show Must Go On \u2013 YouTube<\/a><\/p>\n<p><b>What to expect for the economy in 2026: Michael Green<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=ECsjGuGU52k\">What to expect for the economy in 2026 \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\/12\/clip_image017-8.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-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer advanced 4.20 to 61.20. The Barometer changed from Neutral to Overbought by moving above 60.00.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image018-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 2.40 to 63.00. 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_image019-5.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-5.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 2.37 to 72.99. It remains Overbought. Daily uptrend resumed.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2025\/12\/clip_image020-5.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\/12\/clip_image020_thumb-5.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 1.42 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 Tuesday December 23rd U.S. equity index futures were lower this morning. S&amp;P 500 futures were 9 points at 8:35 AM EST. S&amp;P 500 futures dropped 6 points following release of economic news at 8:30 AM EST. Consensus for Third Quarter U.S. GDP was a slip to 3.2% from 3.8% in the second [&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-191456","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191456","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=191456"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191456\/revisions"}],"predecessor-version":[{"id":191460,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191456\/revisions\/191460"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=191456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=191456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=191456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}