{"id":193925,"date":"2026-04-01T19:59:55","date_gmt":"2026-04-01T23:59:55","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=193925"},"modified":"2026-04-02T08:46:49","modified_gmt":"2026-04-02T12:46:49","slug":"tech-talk-for-thursday-april-2nd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/04\/01\/tech-talk-for-thursday-april-2nd-2026\/","title":{"rendered":"Tech Talk for Thursday April 2nd 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Thursday April 2<sup>nd<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Next Tech Talk report is scheduled for release on Monday April 6<sup>th<\/sup> <\/em><\/b><\/p>\n<p><em><b>A reminder<\/b>: North American equity markets are closed tomorrow. Despite closed markets, the March U.S. Employment Report is scheduled for release at 8:30 AM EST on Friday.<\/em><\/p>\n<p><em><b>U.S. equity index futures were lower this morning<\/b>. S&amp;P 500 futures dropped 99 points at 8:35 AM EST. <\/em><\/p>\n<p><em><b>Index futures moved lower following President Trump\u2019s comments on the conflict with Iran last night<\/b>. S&amp;P 500 futures dropped after his speech at 9:00 PM EST. WTI Crude Oil increased $8.50 to $108.65 per barrel in overnight trade.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image001.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image001_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em>S&amp;P 500 futures added 3 points following release of the <b>February U.S. Trade Deficit report<\/b> at 8:30 AM EST. Consensus calls for an increase to $61.7 billion from $54.5 billion in January. Actual was a $57.35 billion.<\/em><\/p>\n<p><em><\/em><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for April 2<sup>nd<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Market at a critical inflation point that could confirm or deny the strength that is average for stocks in the month of April. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/04\/01\/stock-market-outlook-for-april-2-2026\/\"><em>https:\/\/equityclock.com\/2026\/04\/01\/stock-market-outlook-for-april-2-2026\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Marvell<\/b> (MRVL) a NASDAQ 100 stock moved above $127.06 extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/image.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\/04\/image_thumb.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Alcoa<\/b> (AA) moved above $68.29 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/image-1.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\/04\/image_thumb-1.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Pfizer<\/b> (PFE) an S&amp;P 100 stock moved above $28.48 to a 32 month high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/image-2.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\/04\/image_thumb-2.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Restaurant Brands International<\/b> (QSR.TO) a TSX 60 stock moved above Cdn$103.77 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until May 12<sup>th<\/sup>. See seasonality chart at <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/image-3.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\/04\/image_thumb-3.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\/04\/traders-corner-april-2.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"traders corner april 2\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"traders corner april 2\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/traders-corner-april-2_thumb.jpg\" width=\"244\" height=\"197\" \/><\/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 April 1<sup>st<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/spx-april-2.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"spx april 2\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"spx april 2\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/spx-april-2_thumb.jpg\" width=\"244\" height=\"120\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><em>Source for all positive seasonality ratings: <\/em><a href=\"http:\/\/www.EquityClock.com\"><em>www.EquityClock.com<\/em><\/a><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for April 1<sup>st<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/crb-april-2.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"crb april 2\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"crb april 2\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/crb-april-2_thumb.jpg\" width=\"244\" height=\"137\" \/><\/a><\/p>\n<p><b><\/b><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font> <b><\/b><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for April 1<sup>st<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/xlk-april-2.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"xlk april 2\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"xlk april 2\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/xlk-april-2_thumb.jpg\" width=\"244\" height=\"169\" \/><\/a><\/p>\n<p><em><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/em><\/p>\n<p><em><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/em><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Will We All Look Like Fools This Time Tomorrow? Guy Adami, Dan Nathan and Carter Worth<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=WZwRmarpDbQ\">Will We All Look Like Fools This Time Tomorrow? \u2013 YouTube<\/a><\/p>\n<p><b>Watch This Before Buying the Dip! ValueTrendCanda<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=SBmClJz6Few\">Watch This Before Buying the Dip! \u2013 YouTube<\/a><\/p>\n<p><b>Stock Market in &quot;Prolonged Correction?&quot; Katie Stockton Analyzes SPX &amp; Mag 7 Activity<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=r9qbwnaKTYg\">Stock Market in &quot;Prolonged Correction?&quot; Katie Stockton Analyzes SPX &amp; Mag 7 Activity \u2013 YouTube<\/a><\/p>\n<p><b>2026 could be a year with strong fundamentals and sour sentiment: JPMorgan&#8217;s Meera Pandit<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=RTHUz0tMA5c\">2026 could be a year with strong fundamentals and sour sentiment: JPMorgan&#8217;s Meera Pandit \u2013 YouTube<\/a><\/p>\n<p><b>The Monster Begins (As Predicted), But Don&#8217;t Get Caught In The HYPE&#8230;(I Am Slowly Taking Profits)<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=AfvgMQ2mJYk\">The Monster Begins (As Predicted), But Don&#8217;t Get Caught In The HYPE&#8230;(I Am Slowly Taking Profits) \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\/04\/image-4.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\/04\/image_thumb-4.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The intermediate term Barometer advanced another 3.40 to 28.00. It remains Oversold. Daily uptrend continued.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/image-5.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\/04\/image_thumb-5.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer jumped 9.20 to 44.40. It changed from Oversold to Neutral on a recovery above 40.00. Daily uptrend continued.<\/p>\n<p>The long term Barometer added 0.60 to 49.40. It remains Neutral. <\/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\/04\/image-6.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\/04\/image_thumb-6.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The intermediate term Barometer jumped 9.95 to 49.77. It changed from Oversold to Neutral on a recovery above 40.00. Daily uptrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/image-7.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\/04\/image_thumb-7.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The short term (20 days) jumped another 14.48 to 66.52. It changed from Neutral to Overbought on a move above 60.00. Daily uptrend was extended. <\/p>\n<p>The long term Barometer was unchanged at 73.76. It remains Overbought.<\/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 Thursday April 2nd Next Tech Talk report is scheduled for release on Monday April 6th A reminder: North American equity markets are closed tomorrow. Despite closed markets, the March U.S. Employment Report is scheduled for release at 8:30 AM EST on Friday. U.S. equity index futures were lower this morning. S&amp;P 500 [&hellip;]<\/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-193925","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193925","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=193925"}],"version-history":[{"count":3,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193925\/revisions"}],"predecessor-version":[{"id":193930,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/193925\/revisions\/193930"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=193925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=193925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=193925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}