{"id":192096,"date":"2026-01-21T18:53:12","date_gmt":"2026-01-21T23:53:12","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=192096"},"modified":"2026-01-22T08:45:07","modified_gmt":"2026-01-22T13:45:07","slug":"tech-talk-for-thursday-january-22nd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/01\/21\/tech-talk-for-thursday-january-22nd-2026\/","title":{"rendered":"Tech Talk for Thursday January 22nd 2026"},"content":{"rendered":"

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

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 40 points at 8:30 AM EST.<\/em><\/p>\n

Procter & Gamble<\/b> dropped $2.35 to $143.71 after reporting less than consensus fourth quarter results.<\/em><\/p>\n

\"clip_image001[4]\"<\/em><\/a><\/p>\n

Tesla<\/b> added $4.81 to $436.25 after Elon Musk offered favourable update comments on the company\u2019s proposed Cybercab<\/em><\/p>\n

\"clip_image002[6]\"<\/em><\/a><\/p>\n

Merck <\/b>gained $0.15 to $111.26 and Moderna<\/b> advanced $2.46 to $52.27 after offering an update on their joint development of a cancer vaccine.<\/em><\/p>\n

\"clip_image003[4]\"<\/a><\/p>\n

\"clip_image004[4]\"<\/a><\/p>\n

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

Looking at portfolio exposures that are not just repairing Tuesday\u2019s damage, but excelling above it. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/01\/21\/stock-market-outlook-for-january-22-2026\/<\/em><\/a><\/p>\n

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

Platinum ETN<\/b> (PPLT) moved above $225.71 to an all-time high extending an intermediate uptrend.<\/p>\n

\"clip_image001\"<\/a><\/p>\n

Natural Gas ETN<\/b> (UNG) moved above intermediate resistance at $13.68.<\/p>\n

\"clip_image002\"<\/a><\/p>\n

BMO Equal Weight TSX Canadian Oil ETF<\/b> (ZEO.TO) moved above Cdn$83.18 to an all-time high extending an intermediate uptrend.<\/p>\n

\"clip_image003\"<\/a><\/p>\n

Global Agriculture iShares<\/b> (COW.TO) moved above Cdn$69.71extending an intermediate uptrend.<\/p>\n

\"clip_image004\"<\/a><\/p>\n

S&P 100 and NASDAQ 100 stocks that broke higher extending intermediate uptrends after President Trump reached a framework of a deal on Greenland included Microchip Technology<\/b> (MCHP) on a move above $75.98, ON Semiconductor<\/b> (ON) on a move above $63.63 and Gilead<\/b> (GILD) on a move above $127.86 to an all-time high.<\/p>\n

\"clip_image005\"<\/a><\/p>\n

\"clip_image006\"<\/a><\/p>\n

TSX 60 stocks moving above resistance extending intermediate uptrends included<\/p>\n

Canadian Natural Resources<\/b> (CNQ.TO) on a move above Cdn$48.50,Teck Resources<\/b> (TECK) on a move above US$53.46 to an all-time high and Gildan Activewear<\/b> (GIL.TO) on a move above Cdn$90.66 to an all-time high. <\/p>\n

\"clip_image007\"<\/a><\/p>\n

\"clip_image008\"<\/a><\/p>\n

Trader\u2019s Corner<\/strong><\/font><\/p>\n

\"clip_image010\"<\/a><\/p>\n

Equity Indices and Related ETFs<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Equity Trends for January 21st<\/sup> 2026<\/p>\n

\"clip_image012\"<\/a><\/p>\n

Green: Increase from previous day<\/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 January 21st<\/sup> 2026<\/p>\n

\"clip_image014\"<\/a><\/b><\/p>\n

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 21st<\/sup> 2025<\/p>\n

\"clip_image002[4]\"<\/a><\/p>\n

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

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

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

RSI Signals Most Traders Misread \u2014 Overbought Levels & Divergences That Matter: David Keller<\/b><\/p>\n

RSI Signals Most Traders Misread \u2014 Overbought Levels & Divergences That Matter \u2013 YouTube<\/a><\/p>\n

I Warned This Was Coming: The Market Flush & The Netflix Crash: Verified Investing<\/b><\/p>\n

I Warned This Was Coming: The Market Flush & The Netflix Crash \u2013 YouTube<\/a><\/p>\n

‘Historical clock is ticking’ Goldman Sachs warns of possible correction ahead<\/b><\/p>\n

‘Historical clock is ticking’ Goldman Sachs warns of possible correction ahead \u2013 YouTube<\/a><\/p>\n

Instability drives volatility as risk appetite fades and global markets reprice: Liz Ann Sonders<\/b><\/p>\n

Instability drives volatility as risk appetite fades and global markets reprice \u2013 YouTube<\/a><\/p>\n

Yields Spike Higher: What It Means For Risk Assets: Guy Adami, Dan Nathan, Carter Worth<\/b><\/p>\n

Yields Spike Higher: What It Means For Risk Assets \u2013 YouTube<\/a><\/p>\n

Davos: RBC CEO David McKay on US Relations, Global Trade<\/b><\/p>\n

Davos: RBC CEO David McKay on US Relations, Global Trade \u2013 YouTube<\/a><\/p>\n

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

\"clip_image017\"<\/a><\/p>\n

The intermediate term Barometer advanced 6.80 to 70.20. It remains Overbought.<\/p>\n

\"clip_image018\"<\/a><\/p>\n

The long term Barometer added 3.80 to 69.20. It remains Overbought.<\/p>\n

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

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

The intermediate term Barometer added 3.87 to 80.28. It remains Overbought.<\/p>\n

\"clip_image020\"<\/a><\/p>\n

The long term Barometer added 2.29 to 86.24. 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 Thursday January 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 40 points at 8:30 AM EST. Procter & Gamble dropped $2.35 to $143.71 after reporting less than consensus fourth quarter results. Tesla added $4.81 to $436.25 after Elon Musk offered favourable update comments on the company\u2019s […]<\/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-192096","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192096","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=192096"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192096\/revisions"}],"predecessor-version":[{"id":192106,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192096\/revisions\/192106"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=192096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=192096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=192096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}