{"id":193424,"date":"2026-03-12T21:38:46","date_gmt":"2026-03-13T01:38:46","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=193424"},"modified":"2026-03-13T08:45:55","modified_gmt":"2026-03-13T12:45:55","slug":"tech-talk-for-friday-march-13th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/03\/12\/tech-talk-for-friday-march-13th-2026\/","title":{"rendered":"Tech Talk for Friday March 13th 2026"},"content":{"rendered":"

Pre-opening Comments for Friday March 13th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 27 points at 8:35 AM EST.<\/em><\/p>\n

S&P 500 Index futures were unchanged following release of economic news at 8:30 AM EST. Consensus for updated annualized third quarter U.S. GDP<\/b> was an improvement to 1.5% from the previous 1.4% estimate. Actual was a drop to 0.7%. Consensus for January Personal Spending<\/b> was a 0.3% increase. Actual was a 0.4% increase. Consensus for January Personal Income<\/b> was a 0.5% increase versus a 0.4% in December. Actual was a 0.4% increase. Consensus for January Durable Goods Orders<\/b> was a 1.3% increase versus a 1.4% drop in December. Actual was unchanged. Consensus for January Core PCE Price Index<\/b> was a 0.4% increase versus a 0.4% increase in December. Actual was a 0.4% increase. On a year-over-year basis<\/b>, consensus for January Core PCE Price Index was a 3.1% increase versus a 3.0% increase in December. Actual was a 3.1% increase.<\/em><\/p>\n

Adobe<\/b> (ADBE) dropped $16.78 to $253.24 after releasing fiscal first quarter results below consensus estimates. In addition, the company\u2019s CEO announced plans to step down. <\/em><\/p>\n

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

Ulta Beauty<\/b> (ULTA) dropped $53.04 to $571.66 after offering guidance below consensus.<\/em><\/p>\n

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

Rubrik<\/b> (RBRK) added $1.58 to $55.60 after reporting higher than consensus fourth quarter results<\/em><\/p>\n

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

EquityClock\u2019s Market Outlook for March 13th<\/sup><\/strong><\/font><\/em><\/p>\n

We added to our Energy exposure during this seasonally strong time of year for the commodities and the stocks. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/03\/12\/stock-market-outlook-for-march-13-2026\/<\/em><\/a><\/p>\n

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

S&P 100 and NASDAQ 100 stocks breaking below support extending an intermediate downtrend included Data General<\/b> (DG) below $140.00, McCormick<\/b> (MKC) below $59.62, Incyte<\/b> (INCY) below $93.54, Old Dominion Freight Lines<\/b> (ODFL) below $183.61 and QUALCOMM <\/b>(QCOM) below $131.88<\/p>\n

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

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

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

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

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

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

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

Daily Seasonal\/Technical Equity Trends for March 12th<\/sup> 2026<\/p>\n

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

Green: Increase from previous day<\/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 March 12th<\/sup> 2026<\/p>\n

\"clip_image010\"<\/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 March 12th<\/sup> 2026<\/p>\n

\"clip_image012\"<\/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

THE NEXT BLACK SWAN: Private Credit Freezes & The Oil Shock Crushing the S&P 500 <\/b>: Verified Investing<\/b><\/p>\n

THE NEXT BLACK SWAN: Private Credit Freezes & The Oil Shock Crushing the S&P 500 \u2013 YouTube<\/a><\/p>\n

The Market Is Pricing In A Best Case Scenario: Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n

The Market Is Pricing In A Best Case Scenario \u2013 YouTube<\/a><\/p>\n

Not Even Rising Fear Can Crack This Market: TomBowley<\/b><\/p>\n

Not Even Rising Fear Can Crack This Market \u2013 YouTube<\/a><\/p>\n

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

\"clip_image013\"<\/a><\/p>\n

The intermediate term Barometer dropped another 7.20 to 32.20. It remains Oversold. Daily downtrend was extended. <\/p>\n

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

The long term Barometer dropped another 3.20 to 50.20. It remains Neutral. Daily downtrend was extended. <\/p>\n

Short term (20 days) Barometer dropped another 4.20 to 21.60. It remains Oversold. Daily downtrend was extended.<\/p>\n

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

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

The intermediate term Barometer dropped another 5.53 to 46.08. It remains Neutral. Daily downtrend was extended.<\/p>\n

\"clip_image016\"<\/a><\/p>\n

The long term Barometer dropped another 1.38 to 74.19. It remains Overbought. Daily downtrend was extended. <\/p>\n

Short term (20 days) dropped another 9.22 to 27.65. It remains Oversold. Daily downtrend was extended. <\/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 March 13th U.S. equity index futures were higher this morning. S&P 500 futures were up 27 points at 8:35 AM EST. S&P 500 Index futures were unchanged following release of economic news at 8:30 AM EST. Consensus for updated annualized third quarter U.S. GDP was an improvement to 1.5% from the […]<\/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-193424","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193424","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=193424"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193424\/revisions"}],"predecessor-version":[{"id":193432,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193424\/revisions\/193432"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=193424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=193424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=193424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}