{"id":192348,"date":"2026-01-29T21:37:47","date_gmt":"2026-01-30T02:37:47","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=192348"},"modified":"2026-01-30T08:58:15","modified_gmt":"2026-01-30T13:58:15","slug":"tech-talk-for-friday-january-30th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/01\/29\/tech-talk-for-friday-january-30th-2026\/","title":{"rendered":"Tech Talk for Friday January 30th 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday January 30<sup>th<\/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 down 37 points at 8:35 AM EST.<\/em><\/p>\n<p><em>S&amp;P 500 futures were unchanged following release of the <b>December Producer Price Index<\/b> at 8:30 AM EST. Consensus was a 0.3% increase versus a 0.2% increase in November. Actual was a 0.5% increase. <b>Excluding food and energy<\/b>, consensus was a 0.3% increase in December versus a 0.2% increase in November. Actual was a 0.7% increase<\/em><\/p>\n<p><em><b>Apple <\/b>(AAPL) dropped $1.78 to $256.50 despite reporting higher than consensus fiscal first quarter revenues and earnings. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image001-18.png\"><em><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-18.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Sandisk<\/b> (SNDK) jumped $125.95 to $665.25 after reporting higher than consensus fiscal second quarter earnings.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image002-17.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-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Visa (V) <\/b>dropped $3.24 to $328.56 despite reporting higher than consensus fiscal first quarter revenues and earnings. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image003-17.png\"><em><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-17.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>KLA Corp<\/b> (KLAC) dropped $134.71 to $1,550.00 despite reporting higher than consensus fiscal second quarter revenues and earnings.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image004-15.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/clip_image004_thumb-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for January 30<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Crypto carnage providing a warning for the prospects of the Technology sector ahead amidst the pro-cyclical uptick to start the year. See: <\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/01\/29\/stock-market-outlook-for-january-30-2026\/\"><em>https:\/\/equityclock.com\/2026\/01\/29\/stock-market-outlook-for-january-30-2026\/<\/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>Communication SPDRs<\/b> (XLC) moved above $118.87 to an all-time high extending an intermediate uptrend thanks mainly to strength in Meta Platform.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-29.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-29.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>First Trust Natural Gas ETF<\/b> (FCG) moved above $25.50 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-30.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-30.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>S&amp;P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included <b>Royal Caribbean<\/b> (RCL) on a move above $364.14, <b>Diamondback Energy<\/b> (FANG) on a move above $164.44, <b>ConocoPhillips<\/b> (COP) on a move above $103.48, <b>Meta Platform<\/b> (META) on a move above $710.42, <b>Texas Instruments<\/b> (TXN) on a move above $218.15, <b>ExxonMobil <\/b>(XOM) on a move above $138.47, <b>Honeywell<\/b> (HON) on a move above $225.21, FedEx(FDX) on a move above $318.83 and Simon Properties (SPG) on a move above $189.05, Seasonal influences are favourable for Diamondback Energy until April 12<sup>th<\/sup>, for Texas Instruments until June 5<sup>th<\/sup> and for Honeywell until March 10<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\/2026\/01\/image-31.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-31.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-32.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-32.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-33.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-33.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-34.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-34.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-35.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-35.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>S&amp;P 100 and NASDAQ 100 stocks moving below support extending an intermediate downtrend included <b>Palo Alto Networks<\/b> (PANW) on a move below $295.18, <b>Cadence Design Systems<\/b> (CDNS) on a move below $295.18 and <b>Automatic Data Processing<\/b> (ADP) on a move below $245.60.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-36.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-36.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-37.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-37.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Trader\u2019s Corner<\/strong><\/font><\/p>\n<p><font size=\"5\"><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/Trders-corner-jan-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"Trders corner jan 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"Trders corner jan 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/Trders-corner-jan-30_thumb.jpg\" width=\"244\" height=\"204\" \/><\/a><\/font><\/p>\n<p><font size=\"4\"><strong>Equity Indices and Related ETFs<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Equity Trends for January 29<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/spx-jan-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"spx jan 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"spx jan 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/spx-jan-30_thumb.jpg\" width=\"244\" height=\"120\" \/><\/a><\/p>\n<p>Green: Increase from previous day<\/p>\n<p>Red: Decrease from previous day<\/p>\n<p>Source for all positive seasonality ratings: <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for January 29<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/crb-jan-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"crb jan 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"crb jan 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/crb-jan-30_thumb.jpg\" width=\"244\" height=\"139\" \/><\/a><\/p>\n<p><b><\/b><\/p>\n<p>Green: Increase from previous day <b><\/b><\/p>\n<p>Red: Decrease from previous day<\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for January 29<sup>th<\/sup> 2025<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/xlk-jan-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"xlk jan 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"xlk jan 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/xlk-jan-30_thumb.jpg\" width=\"244\" height=\"166\" \/><\/a><\/p>\n<p>Green: Increase from previous day<\/p>\n<p>Red: Decrease from previous day<\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>7000 Is Historic \u2014 But the REAL Story Is What\u2019s Improving Underneath! Tom Bowley<\/b><\/p>\n<p><b>Editor\u2019s Note: Note seasonality comment on the energy sector!<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-KkBVGReZWM\">7000 Is Historic \u2014 But the REAL Story Is What\u2019s Improving Underneath! \u2013 YouTube<\/a><\/p>\n<p><b>A Bloody Thursday After $MSFT Reports: Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=x7nTN2_hKN0\">A Bloody Thursday After $MSFT Reports \u2013 YouTube<\/a><\/p>\n<p><b>The Biggest Investing Mistake Right Now: Ignoring Global Markets: ValueTrendCanada<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=0eDA6CVCKz0\">The Biggest Investing Mistake Right Now: Ignoring Global Markets \u2013 YouTube<\/a><\/p>\n<p><b>IS THE COLLAPSE STARTING? Gold Surges as the Dollar Hits a 15-Year Breakdown Zone: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=9qZtOn5w810\">IS THE COLLAPSE STARTING? Gold Surges as the Dollar Hits a 15-Year Breakdown Zone \u2013 YouTube<\/a><\/p>\n<p><b>Simeon Hyman (ProShares): The Fed\u2019s \u201cLast Mile,\u201d the Dollar, and Diversification<\/b><\/p>\n<p><b>David Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-8iTWZ5zKTc\">Simeon Hyman (ProShares): The Fed\u2019s \u201cLast Mile,\u201d the Dollar, and Diversification \u2013 YouTube<\/a><\/p>\n<p><b>Avoiding &quot;Monolithic&quot; Investments &amp; Measuring International ETF Inflows: Liz Ann Sonders <\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=B6XrE6SrPpk\">Avoiding &quot;Monolithic&quot; Investments &amp; Measuring International ETF Inflows \u2013 YouTube<\/a><\/p>\n<p><b>Beyond the U.S.: Finding Opportunity in a Shifting Global Market: Nine Point Partners<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=f3RYDWAfoT4\">Beyond the U.S.: Finding Opportunity in a Shifting Global Market \u2013 YouTube<\/a><\/p>\n<p><b>Why classic bear market signals are quietly reappearing in 2026: Interactive Brokers<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=yF2x-qzEg1o\">Why classic bear market signals are quietly reappearing 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\/2026\/01\/image-38.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-38.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 1.80 to 64.00. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-39.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-39.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The long term Barometer slipped 0.40 to 66.80. 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\/2026\/01\/image-40.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-40.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 1.83 to $73.39. It remains Overbought. Daily trend has turned down.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image-41.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/01\/image_thumb-41.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The long term Barometer was unchanged at 80.73. It remains Overbought. Daily trend remains down. <\/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 30th U.S. equity index futures were lower this morning. S&amp;P 500 futures were down 37 points at 8:35 AM EST. S&amp;P 500 futures were unchanged following release of the December Producer Price Index at 8:30 AM EST. Consensus was a 0.3% increase versus a 0.2% increase in November. Actual was [&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-192348","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192348","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=192348"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192348\/revisions"}],"predecessor-version":[{"id":192358,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192348\/revisions\/192358"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=192348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=192348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=192348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}