{"id":194498,"date":"2026-04-23T20:43:13","date_gmt":"2026-04-24T00:43:13","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=194498"},"modified":"2026-04-24T08:51:10","modified_gmt":"2026-04-24T12:51:10","slug":"tech-talk-for-friday-april-24th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/04\/23\/tech-talk-for-friday-april-24th-2026\/","title":{"rendered":"Tech Talk for Friday April 24th 2026"},"content":{"rendered":"

Pre-opening Comments for Friday April 24th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning<\/b>. S&P 500 futures were up 26 points at 8:35 AM EST.<\/em><\/p>\n

The Canadian Dollar was unchanged following release of Canada\u2019s February Retail Sales<\/b> at 8:30 AM EST. Consensus called for a 0.9% increase. Actual was a 0.7% increase. <\/em><\/p>\n

Intel<\/b> (INTC) advanced $9.32 to $76.11 after reporting higher than consensus first quarter earnings. The company also offered positive guidance. <\/em><\/p>\n

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

Advanced Micro Devices<\/b> gained $40.27 to $345.60 after Stifel raised its target price on the stock.<\/em><\/p>\n

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

Newmont Corp<\/b> (NEM) added $0.44 to $111.50 after reporting higher than consensus first quarter results. Seasonal influences are favourable until June 2nd<\/sup> See seasonality chart at <\/em>www.EquityClock.com<\/em><\/a><\/p>\n

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

Procter & Gamble<\/b> (PG) added $4.30 to $150.01 after reporting higher than consensus fiscal third quarter earnings. <\/em><\/p>\n

\"clip_image004[4]\"<\/em><\/a><\/p>\n

EquityClock\u2019s Market Outlook for April 24th<\/sup><\/strong><\/font><\/em><\/p>\n

Short covering rally is over: Three segments to scrutinize whether the market can gain a more balanced footing from here or falter back towards the March lows. See: <\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/04\/23\/stock-market-outlook-for-april-24-2026\/<\/em><\/a><\/p>\n

<\/em><\/p>\n

Mark Leibovit: Classic Set Up for Sell in May Go Away – April 23, 2026<\/strong><\/font><\/em><\/p>\n

Mark Leibovit: Classic Set Up for Sell in May Go Away – April 23, 2026 \u2013 YouTube<\/em><\/a><\/p>\n

Wolfe on Bay Street<\/em><\/strong><\/font><\/p>\n

Don Vialoux is a guest analyst on Wolfe\u2019s weekly business show to be released on Corus Radio 640 on Saturday at 7:00 PM EST and on Sunday at 5:00 PM EST.<\/font><\/em><\/p>\n

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

Oil Services ETF<\/b> (OIH) moved above $423.85 to an all-time high extending an intermediate uptrend.<\/p>\n

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

Gasoline ETN <\/b>(UGA) moved above $108.07 to an all-time high extending an intermediate uptrend. <\/p>\n

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

S&P 100 and NASDAQ 100 stocks moving above resistance extending intermediate uptrends included Schlumberger<\/b> (SLB) on a move above $54.80, Charter Communications<\/b> (CHTR) on a move above $249.24, Microchip Technology<\/b> (MCHP on a move above $82.86, Roper Technologies <\/b>(ROP) on a move above $368.33, NextEra Energy<\/b> (NEE) on a move above $96.21 to an all-time high and Union Pacific<\/b> (UNP) on a move above $268.14 to an all-time high.<\/p>\n

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

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

\"clip_image005\"<\/a><\/p>\n

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

\"clip_image007\"<\/a><\/p>\n

S&P 100 and NASDAQ 100 stocks moving below support extending an intermediate downtrend included Danaher <\/b>(DHR) on a move below $59.31, Charles Schwab<\/b> (SCHW) on a move below $90.00 and $89.04,Thermo Fisher Scientific<\/b> (TMO) on a move below $458.34, Lulu Lemon<\/b> (LULU) on a move below $458.34.<\/p>\n

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

\"clip_image009\"<\/a><\/p>\n

Teck Resources<\/b> (TECK) a TSX 60 stock moved above US$62.26 to an all-time high extending an intermediate uptrend. <\/p>\n

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

\"clip_image011\"<\/a><\/p>\n

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

Daily Seasonal\/Technical Equity Trends for April 23rd<\/sup> 2026<\/p>\n

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

Green:<\/i> Increase from previous day <\/i><\/i><\/p>\n

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

Source for all positive seasonality ratings: www.EquityClock.com<\/a><\/i> <\/i><\/p>\n

<\/i><\/p>\n


<\/i><\/p>\n

<\/i><\/p>\n

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

Daily Seasonal\/Technical Commodities Trends for April 23rd<\/sup> 2026<\/p>\n

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

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

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

<\/em><\/p>\n

<\/i><\/p>\n

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

Daily Seasonal\/Technical Sector Trends for April 23rd<\/sup> 2026<\/p>\n

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

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

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

<\/em><\/p>\n

<\/i><\/p>\n

Links offered by valued providers<\/strong><\/font><\/p>\n

This Big Shift in Tech Stocks Is Driving the Market Joe Rabil<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=oSkZVR135Ws<\/a><\/p>\n

Stocks Continue Shrugging Off Iran Conflict: Dan Nathan and Liz Thomas<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=U5AcCR8cqVM<\/a><\/p>\n

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

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

The intermediate term Barometer added 0.40 to 55.20. It remains Neutral.<\/p>\n

\"clip_image019\"<\/a><\/p>\n

The short term Barometer added 0.80 to 66.20. It remains Overbought.<\/p>\n

The long term Barometer was unchanged at 58.20. It remains Neutral.<\/p>\n

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

\"clip_image020\"<\/a><\/p>\n

The intermediate term Barometer slipped 0.45 to 53.18. It remains Neutral.<\/p>\n

\"clip_image021\"<\/a><\/p>\n

The short term (20 days) Barometer dropped another 2.73 to 56.36.It remain Neutral. 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 April 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 26 points at 8:35 AM EST. The Canadian Dollar was unchanged following release of Canada\u2019s February Retail Sales at 8:30 AM EST. Consensus called for a 0.9% increase. Actual was a 0.7% increase. Intel (INTC) advanced […]<\/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-194498","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194498","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=194498"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194498\/revisions"}],"predecessor-version":[{"id":194508,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194498\/revisions\/194508"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=194498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=194498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=194498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}