{"id":192832,"date":"2026-02-19T19:55:42","date_gmt":"2026-02-20T00:55:42","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=192832"},"modified":"2026-02-20T09:00:26","modified_gmt":"2026-02-20T14:00:26","slug":"tech-talk-for-friday-february-20th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/02\/19\/tech-talk-for-friday-february-20th-2026\/","title":{"rendered":"Tech Talk for Friday February 20th 2026"},"content":{"rendered":"

Pre-opening Comments for Friday February 20th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 15 points at 8:35 AM EST.<\/em><\/p>\n

S&P 500 futures were down 15 points following release of economic news at 8:30 AM EST. Consensus for updated U.S. Fourth Quarter Annualized GDP<\/b> was a 2.5% rate versus a 4.4% rate in the third quarter. Actual was 1.4%. Consensus for December Personal Income<\/b> was a 0.2% increase versus a 0.3% gain in November. Actual was a 0.3% gain. Consensus for December Personal Spending<\/b> was a 0.4% increase versus a 0.5% increase in November. Actual was a 0.4% gain. Consensus for December Core PCE Index <\/b>on a year-over-year basis was 3.0% versus 2.8% in November. Actual was a 3.0 increase.<\/em><\/p>\n

Akamai<\/b> Technologies<\/b> (AKAM) dropped $5.59 to $104.00 after releasing first quarter guidance below consensus.<\/em><\/p>\n

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

Walmart<\/b> (WMT) was unchanged at $124.87 despite reporting higher than consensus fourth quarter revenues and earnings. Guidance offered by the company was less than expected.<\/em> <\/p>\n

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

Newmont <\/b>(NEM) advanced $2.50 to $127.90 after reporting higher than consensus fourth quarter revenues and earnings<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for February 20th<\/sup><\/strong><\/font><\/em><\/p>\n

Wall Street Wobbles\u2014But the growth in the Manufacturing economy is still evolving. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/02\/19\/stock-market-outlook-for-february-20-2026\/<\/em><\/a><\/p>\n

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

First Trust Natural Gas ETF<\/b> (FCG) moved above $27.25 extending an intermediate uptrend.<\/p>\n

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U.S. Crude Oil Fund<\/b> (USO) moved above $80.38 and $81.13 extending an intermediate uptrend.<\/p>\n

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General Electric Aerospace <\/b>(GE) moved above $332.79 to an all-time high extending an intermediate uptrend. <\/p>\n

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Canadian Tire<\/b> (CTC.A.TO) a TSX 60 stock moved above Cdn$188.45 to an all-time high extending an intermediate uptrend.<\/p>\n

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Agnico-Eagle Mines<\/b> (AEM.TO) a TSX 60 stock moved above Cdn$305.68 to an all-time high extending an intermediate uptrend. <\/p>\n

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Canadian Pacific<\/b> (CP.TO) a TSX 60 stock moved above Cdn$141.45 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 19th<\/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 19th<\/sup> 2026<\/p>\n

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

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 19th<\/sup> 2025<\/p>\n

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

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

What To Make Of This Very Weird Market: Guy Adami and Dan Nathan<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=pq5vnBieQR8<\/a><\/p>\n

What To Make Of This Very Weird Market: ValueTrend Canada<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=r5k_V94_SuA<\/a><\/p>\n

MARKET TRAP: Why Stocks Keep Fading! Plus DASH, CVNA & Oil Breakout, Silver Forecast: Verified Investing<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=pDE0UE_HBWE<\/a><\/p>\n

The S&P \u201cDuck\u201d Market: Gina Martin Adams on Concentration Risk, Earnings & Sector Dispersion: David Keller and Gina Martin Adams<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=MQn1q4Mmp4w<\/a><\/p>\n

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

\"clip_image015\"<\/a><\/p>\n

The intermediate term Barometer dropped 2.80 to 64.00. It remains Overbought.<\/p>\n

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The long term Barometer dropped 1.60 to 66.40. It remains Overbought.<\/p>\n

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

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

The intermediate term Barometer was unchanged at 76.50. It remains Overbought.<\/p>\n

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

The long term Barometer added 0.46 to 81.11. 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 February 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points at 8:35 AM EST. S&P 500 futures were down 15 points following release of economic news at 8:30 AM EST. Consensus for updated U.S. Fourth Quarter Annualized GDP was a 2.5% rate versus a […]<\/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-192832","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192832","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=192832"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192832\/revisions"}],"predecessor-version":[{"id":192840,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/192832\/revisions\/192840"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=192832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=192832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=192832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}