{"id":191969,"date":"2026-01-15T20:28:58","date_gmt":"2026-01-16T01:28:58","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=191969"},"modified":"2026-01-16T08:44:53","modified_gmt":"2026-01-16T13:44:53","slug":"tech-talk-for-friday-january-16th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/01\/15\/tech-talk-for-friday-january-16th-2026\/","title":{"rendered":"Tech Talk for Friday January 16th 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday January 16<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 12 points at 8:30 AM EST.<\/em><\/p>\n<p><em>Today is the <b>last trade date<\/b> for U.S. listed January index and equity futures and options. Volume on exchanges is expected to be higher than average.<\/em><\/p>\n<p><em><b>JB Hunt Transport Services<\/b> (JBHT) dropped $8.50 to $198.02 after reporting less than consensus fourth quarter revenues. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0014-6.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0014_thumb-6.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Micron <\/b>((MU) advanced $17.48 to $354.11 after a director of the company purchased additional shares valued at $7.8 million.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0024-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0024_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>PNC Financial Services<\/b> (PNC) added $6.90 to $222.00 after reporting higher than consensus fourth quarter results.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0034-4.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0034_thumb-4.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><b>State Street<\/b> (STT) <strong>dropped<\/strong> $6.90 to $129.39 after reporting less than consensus fourth quarter earnings.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0044.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004[4]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image0044_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for January 16<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Optimism in the manufacturing economy requires tailoring portfolios towards stocks with exposure. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/01\/15\/stock-market-outlook-for-january-16-2026\/\"><em>https:\/\/equityclock.com\/2026\/01\/15\/stock-market-outlook-for-january-16-2026\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Taiwan iShares<\/b> (EWT) moved above $66.51 to an all-time high extending an intermediate uptrend. Triggered by a move by Taiwan Semiconductor (TSM) to an all-time high! Seasonal influences are favourable until March 13<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\/2026\/01\/clip_image001-9.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\/2026\/01\/clip_image001_thumb-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Emerson Electric<\/b> (EMR) an S&amp;P 100 stock moved above $149.03 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until February 11<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\/2026\/01\/clip_image002-8.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\/2026\/01\/clip_image002_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Baker Hughes<\/b> (BKR) a NASDAQ 100 stock moved above $51.12 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image003-8.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\/2026\/01\/clip_image003_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Cintas <\/b>(CTAS) a NASDAQ 100 stock moved above $196.04 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image004-8.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\/2026\/01\/clip_image004_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Old Dominion Freight Lines<\/b> (ODFL) a NASDAQ 100 stock moved above $175.87 extending an intermediate uptrend. Seasonal influences are favourable until March 13<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\/2026\/01\/clip_image005-6.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\/2026\/01\/clip_image005_thumb-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Fastenal<\/b> (FAST) a NASDAQ 100 stock moved above $43.20 resuming an intermediate uptrend. Seasonal influences are favourable until April 3<sup>rd<\/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\/2026\/01\/clip_image006-8.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\/2026\/01\/clip_image006_thumb-8.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\/2026\/01\/clip_image008-8.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\/2026\/01\/clip_image008_thumb-8.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 January 15<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image010-8.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\/2026\/01\/clip_image010_thumb-8.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 January 15<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image012-9.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\/2026\/01\/clip_image012_thumb-9.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><em>Green: Increase from previous day <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 January 15<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image014-8.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\/2026\/01\/clip_image014_thumb-8.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>Tech Rallies After TSM Blowout Earnings, Banks Continue Mixed Earnings: Schwab Network<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=XnFDxsruiNo\">Tech Rallies After TSM Blowout Earnings, Banks Continue Mixed Earnings \u2013 YouTube<\/a><\/p>\n<p><b>RBC&#8217;s Lori Calvasina breaks down her 2026 S&amp;P 500 year-end target of 7,750<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=BRaI19lgLw0\">RBC&#8217;s Lori Calvasina breaks down her 2026 S&amp;P 500 year-end target of 7,750 \u2013 YouTube<\/a><\/p>\n<p><b>2026 Market Pullback: Why Holding Cash Could Pay Off: ValueTrendCanada<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=olxuFz17B0g&amp;t=182s\">2026 Market Pullback: Why Holding Cash Could Pay Off \u2013 YouTube<\/a><\/p>\n<p><b><\/b><\/p>\n<p><b>Is History Repeating Itself? These Signals Are Concerning: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=MWtdHxH2iCE\">Is History Repeating Itself? These Signals Are Concerning \u2013 YouTube<\/a><\/p>\n<p><b><\/b><\/p>\n<p><b>S&amp;P 500 Set To Break One Way Or Another: Guy Adami and Carter Worth<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-ccwXhYlkmw\">S&amp;P 500 Set To Break One Way Or Another \u2013 YouTube<\/a><\/p>\n<p><b>TSMC Provides Boost to AI Trade With Surge in Spending: Bloomberg Television<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=No0Hfsp1nPM\">TSMC Provides Boost to AI Trade With Surge in Spending \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\/2026\/01\/clip_image015-7.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\/2026\/01\/clip_image015_thumb-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 0.40 to 73.20. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image016-8.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\/2026\/01\/clip_image016_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 1.80 to 70.40, a 13 month high. It remains Overbought. Daily uptrend was extended.<\/p>\n<p><font size=\"5\"><strong>TSX Momentum Barometers<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image017-6.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\/2026\/01\/clip_image017_thumb-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer slipped 0.46 to 83.03. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image018-7.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image018_thumb-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The long term Barometer added 0.92 to 86.24. 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 Friday January 16th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 12 points at 8:30 AM EST. Today is the last trade date for U.S. listed January index and equity futures and options. Volume on exchanges is expected to be higher than average. JB Hunt Transport Services [&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-191969","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191969","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=191969"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191969\/revisions"}],"predecessor-version":[{"id":191979,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/191969\/revisions\/191979"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=191969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=191969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=191969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}