{"id":192135,"date":"2026-01-22T19:56:49","date_gmt":"2026-01-23T00:56:49","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=192135"},"modified":"2026-01-23T08:53:09","modified_gmt":"2026-01-23T13:53:09","slug":"tech-talk-for-friday-january-23rd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/01\/22\/tech-talk-for-friday-january-23rd-2026\/","title":{"rendered":"Tech Talk for Friday January 23rd 2026"},"content":{"rendered":"

Pre-opening Comments for Friday January 23rd<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning.<\/b> S&P 500 futures were down 17 points at 8:30 AM EST<\/em><\/p>\n

Alcoa<\/b> added $2.36 to $65.50 after reporting higher than consensus fourth quarter revenues and earnings. <\/em><\/p>\n

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Intel<\/b> dropped $3.62 to $50.70 after releasing first quarter guidance below consensus.<\/em><\/p>\n

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Capital One Financial<\/b> dropped $11.04 to $225.16 after reporting less than consensus fourth quarter results.<\/em> <\/p>\n

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CSX<\/b> added $1.60 to $37.38 after reporting higher than consensus fourth quarter results. Seasonal influences are favourable until June 7th<\/sup>. See seasonality chart at <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

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EquityClock\u2019s Market Outlook for January 23rd<\/sup><\/strong><\/font><\/em><\/p>\n

The equity market may have healed following early-week weakness, but it is the asset classes that haven\u2019t recovered that is presenting a warning of what may be ahead for risk assets. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/01\/22\/stock-market-outlook-for-january-23-2026\/<\/em><\/a><\/p>\n

Markets Reacting to Trump Greenland Comments: Mark Leibovit<\/strong><\/font><\/em><\/p>\n

Markets Reacting to Trump Greenland Comments \u2013 HoweStreet<\/em><\/a><\/p>\n

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

Solar ETF<\/b> (TAN) moved above $53.68 extending an intermediate uptrend. Seasonal influences are favourable until February 20th<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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Australia iShares<\/b> (EWA) moved above $27.11 extending an intermediate uptrend. Seasonal influences are favourable until March 4th<\/sup>. See seasonality chart at www.EquityClock.com<\/a><\/p>\n

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S&P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included Lowe\u2019s Companies<\/b> (LOW) on a move above $278.93 to an all-time high, Amgen <\/b>(AMGN) on a move above $346.38 to an all-time high and ON Semiconductor<\/b> (ON) on a move above $63.63. Seasonal influences are favourable for Lowe\u2019s Companies until February 17th<\/sup> and for ON Semiconductor until February 14th<\/sup>. See seasonality charts at www.EquityClock.com<\/a><\/p>\n

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S&P 100 and NASDAQ stocks moving below support extending an intermediate downtrend included Abbot Labs<\/b> (ABT) on a move below $120.09, $118.64 and $118.25, McCormick <\/b>on a move below $62.20 and MasterCard<\/b> (MA) on a move below $523.91.<\/p>\n

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Couche Tard<\/b> (ATD.TO) a TSX 60 stock moved above Cdn$76.57 extending an intermediate uptrend.<\/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 22nd<\/sup> 2026<\/p>\n

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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 22nd<\/sup> 2026<\/p>\n

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Green: Increase from previous day <\/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 22nd<\/sup> 2025<\/p>\n

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

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

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

Market Risk Is Rising \u2014 But These Stocks Look Better on Pullbacks: Joe Rabil<\/b><\/p>\n

Market Risk Is Rising \u2014 But These Stocks Look Better on Pullbacks (stockcharts.com)<\/a><\/p>\n

Ignore the Headlines \u2014 This Is Where the Money Is Going! Tom Bowley<\/b><\/p>\n

Ignore the Headlines \u2014 This Is Where the Money Is Going! \u2013 YouTube<\/a><\/p>\n

Rising speculative risk in equity markets, says Rosenberg Research’s David Rosenberg<\/b><\/p>\n

Rising speculative risk in equity markets, says Rosenberg Research’s David Rosenberg \u2013 YouTube<\/a><\/p>\n

The 2026 Natural Gas Catalyst Nobody’s Talking About! ValueTrendCanada<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=H2wRsRFzsz8<\/a><\/p>\n

This Massive Winter Storm Just SHIFTED…<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=VWQm4nwAPxU<\/a><\/p>\n

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

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The intermediate term Barometer dropped 1.40 to 68.80. It remains Overbought.<\/p>\n

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The long term Barometer slipped 0.20 to 69.00. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer slipped 0.92 to 79.36. It remains Overbought.<\/p>\n

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The long term Barometer dropped 1.38 to 84.86. 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 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points at 8:30 AM EST Alcoa added $2.36 to $65.50 after reporting higher than consensus fourth quarter revenues and earnings. Intel dropped $3.62 to $50.70 after releasing first quarter guidance below consensus. Capital One Financial […]<\/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-192135","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192135","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=192135"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192135\/revisions"}],"predecessor-version":[{"id":192145,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192135\/revisions\/192145"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=192135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=192135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=192135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}