{"id":194759,"date":"2026-05-04T19:27:49","date_gmt":"2026-05-04T23:27:49","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=194759"},"modified":"2026-05-05T08:51:32","modified_gmt":"2026-05-05T12:51:32","slug":"tech-talk-for-tuesday-may-5th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/05\/04\/tech-talk-for-tuesday-may-5th-2026\/","title":{"rendered":"Tech Talk for Tuesday May 5th 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Tuesday May 5<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning<\/b>. S&amp;P 500 futures were up 34 points at 8:35 AM EST.<\/em><\/p>\n<p><em>S&amp;P 500 futures were unchanged following release of the <b>March U.S. Trade Report<\/b> at 8:30 AM EST. Consensus was a $60.9 billion deficit versus a revised $58.0 billion deficit in February. Actual was a $60.3 billion deficit.<\/em><\/p>\n<p><em><b>Palantir <\/b>(PLTR) added $1.59 to $147.62 after reporting higher than consensus first quarter results.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0011.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0011_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Pinterist<\/b> (PINS) gained $3.00 to $23.85 after reporting higher than consensus first quarter results.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0021.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0021_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Duolingo <\/b>(DUOL) dropped $14.74 to $95.49 after reporting less than consensus fiscal fourth quarter results. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0031.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image0031_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Pfizer<\/b> (PFE) added $0.34 to $26.64 after reporting higher than consensus first quarter revenues and earnings.<\/em> <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image004.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image004_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><font size=\"5\"><strong>Equity Clock &#8211; Market Outlook for May 5, 2026<\/strong><\/font><\/em><\/p>\n<p><b><em>Seasonal weakness is setting in. See: <\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/05\/04\/stock-market-outlook-for-may-5-2026\/\"><em>https:\/\/equityclock.com\/2026\/05\/04\/stock-market-outlook-for-may-5-2026\/<\/em><\/a><\/p>\n<p><font size=\"5\"><strong><\/strong><\/font><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font> <\/p>\n<p><b>20 + year U.S. Treasury Bond iShares<\/b> (TLT) moved below $84.80 setting an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image001-1.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\/05\/clip_image001_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Soybean ETN<\/b> (SOYB) moved above $25.04 to a two year high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image002-1.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\/05\/clip_image002_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Home Depot<\/b> (HD) a Dow Jones Industrial Average stock moved below $315.31 setting an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image003.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\/05\/clip_image003_thumb.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\/05\/clip_image005.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image005\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image005\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image005_thumb.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 May 4<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image007.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image007\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image007\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image007_thumb.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i>Green:<\/i><i> Increase from previous day <\/i><i><\/i><\/p>\n<p><i><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/i><\/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><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for May 4<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image009.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image009\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image009\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image009_thumb.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><i>     <br \/><\/i><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for May 4<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image011.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image011\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image011\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image011_thumb.png\" width=\"244\" height=\"165\" \/><\/a><\/p>\n<p><i><font color=\"#00ff00\">Green: Increase from previous day<\/font><\/i><\/p>\n<p><i><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/i><\/p>\n<p><em><\/em><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Stocks still have tailwinds through May into July, says Fundstrat&#8217;s Tom Lee<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=NvekSEEFX0U\">Stocks still have tailwinds through May into July, says Fundstrat&#8217;s Tom Lee \u2013 YouTube<\/a><\/p>\n<p><b>Mag Seven Diverging: Winners &amp; Losers For The Rest of 2026: Dan Nathan, Carter Worth<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=rDBXwHbhuaY\">Mag Seven Diverging: Winners &amp; Losers For The Rest of 2026 \u2013 YouTube<\/a><\/p>\n<p><b>Historic 15% S&amp;P 500 Surge: Bull Market Unstoppable Or Is THIS Reversal Signal A Trap? Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=yrdP8pqA8Hw\">Historic 15% S&amp;P 500 Surge: Bull Market Unstoppable Or Is THIS Reversal Signal A Trap? \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\/05\/clip_image012-1.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\/05\/clip_image012_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 3.40 to 51.40. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image013-1.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\/05\/clip_image013_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer plunged 9.40 to 46.40. It remains Neutral. Daily downtrend was extended. <\/p>\n<p>The long term Barometer dropped 2.20 to 55.60. 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\/05\/clip_image014-1.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\/05\/clip_image014_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 3.18 to 51.82. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image015-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image015\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image015\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image015_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped 6.36 to 49.55. It remains Neutral.<\/p>\n<p>The long term Barometer dropped 1.82 to 69.55. 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 Tuesday May 5th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 34 points at 8:35 AM EST. S&amp;P 500 futures were unchanged following release of the March U.S. Trade Report at 8:30 AM EST. Consensus was a $60.9 billion deficit versus a revised $58.0 billion deficit in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-194759","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194759","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=194759"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194759\/revisions"}],"predecessor-version":[{"id":194769,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194759\/revisions\/194769"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=194759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=194759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=194759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}