{"id":194833,"date":"2026-05-06T21:40:29","date_gmt":"2026-05-07T01:40:29","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=194833"},"modified":"2026-05-06T21:40:29","modified_gmt":"2026-05-07T01:40:29","slug":"tech-talk-for-thursday-may-7th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/05\/06\/tech-talk-for-thursday-may-7th-2026\/","title":{"rendered":"Tech Talk for Thursday May 7th 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Emerging Markets iShares<\/b> (EEM) moved above $86.96 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image001-3.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-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Italy iShares<\/b> (EWI) moved above $59.17 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image002-3.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-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Hong Kong iShares<\/b> (EWH) moved above $24.27 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image003-2.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-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>BHP<\/b> (BHP) one of the world\u2019s largest base metals miners moved above $81.61 to an all-time high extending an intermediate uptrend. A major contributor to strength in Global Base Metals iShares (XBM.TO)!<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image004-2.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\/05\/clip_image004_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Shopify<\/b> (SHOP.TO) a TSX 60 stock moved below Cdn$143.00 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image005-1.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-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Loblaw Companies<\/b> (L.TO) a TSX 60 stock moved below Cdn$60.14 completing a Head &amp; Shoulders pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image006-2.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\/05\/clip_image006_thumb-2.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_image008-2.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\/05\/clip_image008_thumb-2.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 6<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image010-2.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\/05\/clip_image010_thumb-2.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><i>Red: <\/i><i>Decrease from previous day<\/i><i><\/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 6<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image012-3.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-3.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><font color=\"#ff0000\">Red: Decrease from previous day<\/font><\/i><\/p>\n<p><i><\/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>     <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 May 6<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image014-3.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-3.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><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Market Rotation. Where\u2019s the Money Moving Now? Frank Capperelli<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=HEev7bM8XEk\">Market Rotation. Where\u2019s the Money Moving Now? \u2013 YouTube<\/a><\/p>\n<p><b>The Mania Nobody Wants to Call a Mania: Guy Adami and Dan Nathan<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=2tNTvXVT-3Q\">The Mania Nobody Wants to Call a Mania \u2013 YouTube<\/a><\/p>\n<p><b>Is the AI Bubble About to Pop Or Can It Go On Forever? <\/b><b><\/b><b> AMD Surges 20% &amp; Bitcoin Hits $82,500! Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=CI1r6G3hRUU\">Is the AI Bubble About to Pop Or Can It Go On Forever?  AMD Surges 20% &amp; Bitcoin Hits $82,500! \u2013 YouTube<\/a><\/p>\n<p><b>Why breakouts like Micron&#8217;s still work \u2014 my : Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/shorts\/sANY-hsIAc4\">https:\/\/www.youtube.com\/shorts\/sANY-hsIAc4<\/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_image015-3.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\/05\/clip_image015_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 4.92 to 55.40. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image016-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image016_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 2.00 to 52.40. It remains Neutral.<\/p>\n<p>The long term Barometer added 2.00 to 52.80. 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_image017.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image017\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image017\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image017_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 2.73 to 56.36. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image018-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image018_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer jumped 7.27 to 58.64. It remains Neutral.<\/p>\n<p>The long term Barometer added $3.55 to 74.55. 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>Technical Notes Emerging Markets iShares (EEM) moved above $86.96 to an all-time high extending an intermediate uptrend. Italy iShares (EWI) moved above $59.17 to an all-time high extending an intermediate uptrend. Hong Kong iShares (EWH) moved above $24.27 to an all-time high extending an intermediate uptrend. BHP (BHP) one of the world\u2019s largest base metals [&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-194833","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194833","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=194833"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194833\/revisions"}],"predecessor-version":[{"id":194834,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/194833\/revisions\/194834"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=194833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=194833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=194833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}