{"id":191780,"date":"2026-01-08T19:49:43","date_gmt":"2026-01-09T00:49:43","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=191780"},"modified":"2026-01-09T08:58:20","modified_gmt":"2026-01-09T13:58:20","slug":"tech-talk-for-friday-january-9th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/01\/08\/tech-talk-for-friday-january-9th-2026\/","title":{"rendered":"Tech Talk for Friday January 9th 2026"},"content":{"rendered":"

Pre-opening Comments for Friday January 9th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 22 points at 8:35 AM EST.<\/em><\/p>\n

S&P 500 futures added 9 points following release of the U.S. December Employment Report<\/b> at 8:30 AM EST. Consensus was a gain of 73,000 versus a gain of 64,000 in November. Actual was a 50,000 gain. Consensus for the December Unemployment Rate was unchanged at4.5% from a revised 4.5% in October. Actual was a slip to 4.4%.<\/em><\/p>\n

The Canadian Dollar added 0.05 to US72.08 cents following release of Canada\u2019s December Employment Report<\/b> at 8:30 AM EST. Consensus was a drop in employment to 2,500 drop from a 53.600 gain in November. Actual was an 8,200 gain. Consensus for the December Unemployment Rate was an increase to 6.7% from 6.5% in November. Actual was an increase to 6.8%.<\/em><\/p>\n

The U.S. Supreme Court<\/b> is scheduled to rule on President Trump\u2019s tariff policies today.<\/em><\/p>\n

General Motors<\/b> dropped $1.73 to $83.40 after reporting a large non-recurring $6 billion loss related to a slowdown in EV production.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for January 9th<\/sup><\/strong><\/font><\/em><\/p>\n

Resolution of the tight consolidation range in the bond market will be critical to stocks following event related catalysts in the days ahead. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/01\/08\/stock-market-outlook-for-january-9-2026\/<\/em><\/a><\/p>\n

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

Regional Bank SPDRs<\/b> (KRE) moved above $67.66 and $67.99 extending an intermediate uptrend.<\/p>\n

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Global Agribusiness iShares<\/b> (COW.TO) moved above Cdn$64.86 completing a double bottom pattern.<\/p>\n

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S&P 100 and NASDAQ 100 <\/b>stocks moving above resistance setting\/extending an intermediate uptrend included General Motors<\/b> (GM) on a move above $83.68 to an all-time high, Ford<\/b> (F) on a move above $13.99, Alphabet <\/b>(GOOG) on a move above $328.46 to an all-time high,<\/p>\n

Target<\/b> (TGT) on a move above $106.39 and Accenture <\/b>(ACN) on a move above $281.13.<\/p>\n

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American Tower<\/b> (AMT) an S&P 100 stock moved below $169.12 extending an intermediate downtrend.<\/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 January 8th<\/sup> 2026<\/p>\n

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

Red: Decrease from previous day<\/font><\/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 January 8th<\/sup> 2026<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for January 8th<\/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

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

The Market is Up, But the Warning Signs Are Adding Up! Tom Bowley<\/b><\/p>\n

The Market is Up, But the Warning Signs Are Adding Up! (stockcharts.com)<\/a><\/p>\n

Financials, Semiconductors, and Bitcoin Are Moving: Here\u2019s Why: Frank Cappelleri<\/b><\/p>\n

Financials, Semiconductors, and Bitcoin Are Moving: Here\u2019s Why \u2013 YouTube<\/a><\/p>\n

Tom Lee: Why a Midyear Market Pullback Is Likely<\/b><\/p>\n

Tom Lee: Why a Midyear Market Pullback Is Likely \u2013 YouTube<\/a><\/p>\n

Morgan Stanley’s Mike Wilson: Could see multiple expansion in the back half of 2026<\/b><\/p>\n

Morgan Stanley’s Mike Wilson: Could see multiple expansion in the back half of 2026 \u2013 YouTube<\/a><\/p>\n

Market Call: Jamie Murray’s outlook on North American Equities<\/b><\/p>\n

Market Call: Jamie Murray’s outlook on North American Equities \u2013 YouTube<\/a><\/p>\n

If The Venezuela \u201cShock\u201d Didn\u2019t Spike Risk… What Will? Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n

If The Venezuela \u201cShock\u201d Didn\u2019t Spike Risk… What Will? \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer advanced 8.20 to 69.80. It remains Overbought. Daily uptrend resumed.<\/p>\n

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The long term Barometer added 4.20 to 66.00. It remains Overbought. Daily uptrend resumed.<\/p>\n

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

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The intermediate term Barometer advanced 5.06 to 76.15. It remains Overbought.<\/p>\n

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The long term Barometer added 2.90 to 83.94. It remains Overbought.<\/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 Friday January 9th U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points at 8:35 AM EST. S&P 500 futures added 9 points following release of the U.S. December Employment Report at 8:30 AM EST. Consensus was a gain of 73,000 versus a gain of 64,000 in […]<\/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-191780","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191780","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=191780"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191780\/revisions"}],"predecessor-version":[{"id":191784,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191780\/revisions\/191784"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=191780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=191780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=191780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}