{"id":194693,"date":"2026-04-30T19:48:11","date_gmt":"2026-04-30T23:48:11","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=194693"},"modified":"2026-05-01T08:43:33","modified_gmt":"2026-05-01T12:43:33","slug":"tech-talk-for-friday-may-1st-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/04\/30\/tech-talk-for-friday-may-1st-2026\/","title":{"rendered":"Tech Talk for Friday May 1st 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Friday May 1<sup>st<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning. <\/b>S&amp;P 500 futures were up 22 points at 8:30 AM EST.<\/em><\/p>\n<p><b><em><\/em><\/b><\/p>\n<p><em><b>Apple<\/b> (AAPL) added $5.65 to $277.00 after reporting higher than consensus second quarter revenues and earnings.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0014.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0014_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Redditt<\/b> (RDDT) advanced $13.64 to $160.87 after reporting higher than consensus first quarter results. The company also offer positive second quarter guidance. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0024.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0024_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Atlassian<\/b> (TEAM) added $16.51 to $85.10 after reporting higher than consensus third quarter results.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0034.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[4]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0034_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Colgate Palmolive<\/b> (CL) added $1.79 to $87.15 after reporting higher than consensus first quarter results.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0044.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004[4]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0044_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for May 1<sup>st<\/sup><\/strong><\/font><\/em><\/p>\n<p><em>The S&amp;P 500 Index has averaged a return of 0.9% in May with a gain frequency of 68%. See:<\/em><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/04\/30\/stock-market-outlook-for-may-1-2026\/\"><em>https:\/\/equityclock.com\/2026\/04\/30\/stock-market-outlook-for-may-1-2026\/<\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>Still in \u201cSell in May\u201d Territory: Mark Leibovit<\/strong><\/font><\/em><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/04\/still-in-sell-in-may-territory-mark-leibovit\/\"><em>Still in \u201cSell in May\u201d Territory \u2013 HoweStreet<\/em><\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Steel ETF<\/b> (SLX) moved above $103.00 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image001-20.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image001_thumb-20.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Altria Group<\/b> (MO) an S&amp;P 100 stock moved above $69.35 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image002-18.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image002_thumb-18.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>O\u2019Reilly Automotive<\/b> (ORLY) a NASDAQ 100 stock moved above $95.63 and $97.35 setting an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image003-17.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image003_thumb-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>TC Energy<\/b> (TRP.TO) a TSX 60 stock moved above Cdn$90.27 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image004-17.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image004_thumb-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Trader\u2019s Corner<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image006-16.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image006\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image006\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image006_thumb-16.png\" width=\"244\" height=\"210\" \/><\/a><\/p>\n<p><font size=\"4\"><strong>Equity Indices and Related ETFs<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Equity Trends for April 30<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image008-16.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image008\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image008\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image008_thumb-16.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i><font color=\"#00ff00\">Green<\/font><\/i><i><font color=\"#00ff00\">: Increase from previous day<\/font> <\/i><i><\/i><\/p>\n<p><font color=\"#ff0000\"><i>Red:<\/i><i> Decrease from previous day<\/i><\/font><\/p>\n<p><i>Source for all positive seasonality ratings: <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a><\/i><i> <\/i><\/p>\n<p><em><\/em><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for April 30<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image010-15.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image010\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image010\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image010_thumb-15.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><i><font color=\"#00ff00\">Green: Increase from previous day<\/font> <\/i><\/p>\n<p><i>Red: Decrease from previous day<\/i><\/p>\n<p><strong><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><strong>     <br \/><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for April 30<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image012-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image012\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image012\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image012_thumb-14.png\" width=\"244\" height=\"165\" \/><\/a><\/p>\n<p><i><font color=\"#00ff00\">Green: Increase from previous day<\/font> <\/i><\/p>\n<p><i>Red: Decrease from previous day<\/i><\/p>\n<p><i>     <br \/><\/i><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>MRKT Call &#8211; Thursday, April 30<sup>th<\/sup>: Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=QP3_znR9ESc\">https:\/\/www.youtube.com\/watch?v=QP3_znR9ESc<\/a><\/p>\n<p><b>Market Rally Warning: Why a Pullback May Be Next: ValueTrendCanada<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-cftjbUimkM\">https:\/\/www.youtube.com\/watch?v=-cftjbUimkM<\/a><\/p>\n<p><b>Tech Stocks COLLAPSE After Earnings! &#x26a0;&#xfe0f; Gareth Soloway Warns Of Major Shift<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=SaWJWOVDBTQ\">Tech Stocks COLLAPSE After Earnings! &#x26a0;&#xfe0f; Gareth Soloway Warns Of Major Shift \u2013 YouTube<\/a><\/p>\n<p><b>Reasons are Optional? | Wyckoff Methodology with Bruce Fraser<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=C3Vmdh3R_L0\">https:\/\/www.youtube.com\/watch?v=C3Vmdh3R_L0<\/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\/clip_image013-13.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image013\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image013\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image013_thumb-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer jumped 6.00 to 55.60. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image014-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image014\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image014\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image014_thumb-14.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) jumped 10.20 to 60.00. It changed from Neutral to Overbought on a recovery to 60.00.<\/p>\n<p>The long term Barometer added 2.20 to 58.00. 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\/clip_image015-13.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image015\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image015\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image015_thumb-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer jumped 12.27 to 56.36. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image016-10.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/04\/clip_image016_thumb-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer jumped 11.82 to 56.36. It remains Neutral.<\/p>\n<p>The long term Barometer added 2.27 to 71.36. 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 Friday May 1st U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 22 points at 8:30 AM EST. Apple (AAPL) added $5.65 to $277.00 after reporting higher than consensus second quarter revenues and earnings. Redditt (RDDT) advanced $13.64 to $160.87 after reporting higher than consensus first quarter results. [&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-194693","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194693","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=194693"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194693\/revisions"}],"predecessor-version":[{"id":194703,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194693\/revisions\/194703"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=194693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=194693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=194693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}