{"id":192471,"date":"2026-02-04T08:36:27","date_gmt":"2026-02-04T13:36:27","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=192471"},"modified":"2026-02-04T08:38:37","modified_gmt":"2026-02-04T13:38:37","slug":"tech-talk-for-wednesday-february-4th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/02\/04\/tech-talk-for-wednesday-february-4th-2026\/","title":{"rendered":"Tech Talk for Wednesday February 4th 2026"},"content":{"rendered":"

Pre-opening Comments for Wednesday February 4th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures up 10 points at 8:30 AM EST<\/em><\/p>\n

Chipotle Mexican Grill<\/b> (CMG) dropped $2.80 to $36.37 despite reporting higher than consensus fourth quarter results. The company also issued first quarter guidance below consensus.<\/em><\/p>\n

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AMD (AMD) <\/b>dropped $15.14 to $226.90 despite reporting higher than consensus fourth quarter results and despite issuing favourable first quarter guidance. <\/em><\/p>\n

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Super Micro Computer<\/b> (SMCI) added $$1.40 to $31.07 after reporting higher than consensus fiscal second quarter results.<\/em><\/p>\n

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Mondelez <\/b>dropped $2.67 to $56.80 despite reporting higher than consensus fourth quarter results. The company also issued guidance below consensus. <\/em><\/p>\n

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EquityClock\u2019s Stock Market Outlook for February 4th<\/sup> 2026<\/strong><\/font><\/em><\/p>\n

Staying engaged in stocks, but increasingly risk-aware heading into normal February volatility. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/02\/03\/stock-market-outlook-for-february-4-2026\/<\/em><\/a><\/p>\n

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

McDonalds <\/b>(MCD) a Dow Jones Industrial Average stock moved above $321.79 to an all-time high extending an intermediate uptrend.<\/p>\n

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CSX<\/b> (CSX) a NASDAQ 100 stock moved above $38.95 to an all-time high extending an intermediate uptrend. <\/p>\n

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S&P 100 and NASDAQ 100 stocks moving below support extending intermediate downtrends included Netflix <\/b>(NFLX) on a move below $87.11, IBM<\/b> on a move below $288.07, Cognizant Technology Solutions<\/b> (CTSH) on a move below $80.52, Co-star<\/b> (CSGP) on a move below $57.01, Verisk Analytics<\/b> (VRSK) on a move below $196.59, Palo Alto<\/b> (PANM) on a move below $165.21, Marvell Technology<\/b> on a move below $73.57, Salesforce.com<\/b> (CRM) on a move below $209.73, Roper Technologies<\/b> (ROP) on a move below $348.79<\/p>\n

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Canadian Pacific<\/b> Kansas City<\/b> (CP.TO) a TSX 60 stock moved above Cdn$104.58 setting an intermediate uptrend.<\/p>\n

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George Weston<\/b> (WN.TO) a TSX 60 stock moved above Cdn$98.17 to an all-time high extending an intermediate uptrend. <\/p>\n

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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 February 3rd<\/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 February 3rd<\/sup> 2026<\/p>\n

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

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

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

Daily Seasonal\/Technical Sector Trends for February 3rd<\/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

Software Stocks Bleed & Bring The Market With Them: Guy Adami and Dan Nathan<\/b><\/p>\n

Software Stocks Bleed & Bring The Market With Them \u2013 YouTube<\/a><\/p>\n

Canada’s economy is ‘on life support’: Rosenberg<\/b><\/p>\n

Canada’s economy is ‘on life support’: Rosenberg \u2013 YouTube<\/a><\/p>\n

Market Looks Strong, But Only A Few Industries Carry It | Trading Places Live! February 3, 2026: Tom Bowley<\/b><\/p>\n

Market Looks Strong, But Only A Few Industries Carry It | Trading Places Live! February 3, 2026 \u2013 YouTube<\/a><\/p>\n

DEATH’S DOOR: Why the Stock Market is Finally Collapsing: Gareth Soloway<\/b><\/p>\n

DEATH’S DOOR: Why the Stock Market is Finally Collapsing \u2013 YouTube<\/a><\/p>\n

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

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Intermediate term Barometer dropped 3.00 to 63.20. It remains Overbought<\/p>\n

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The long term Barometer dropped 0.80 to 65.00. It remains Overbought.<\/p>\n

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

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The intermediate term Barometer added 1.83 to 70.64. It remains Overbought.<\/p>\n

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The long term Barometer added 0.92 to 81.65. 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 Wednesday February 4th U.S. equity index futures were higher this morning. S&P 500 futures up 10 points at 8:30 AM EST Chipotle Mexican Grill (CMG) dropped $2.80 to $36.37 despite reporting higher than consensus fourth quarter results. The company also issued first quarter guidance below consensus. AMD (AMD) dropped $15.14 to $226.90 […]<\/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-192471","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192471","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=192471"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192471\/revisions"}],"predecessor-version":[{"id":192481,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192471\/revisions\/192481"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=192471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=192471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=192471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}