{"id":195293,"date":"2026-05-24T17:58:41","date_gmt":"2026-05-24T21:58:41","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=195293"},"modified":"2026-05-24T17:58:41","modified_gmt":"2026-05-24T21:58:41","slug":"tech-talk-for-monday-may-25th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/05\/24\/tech-talk-for-monday-may-25th-2026\/","title":{"rendered":"Tech Talk for Monday May 25th 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>The Bottom Line<\/strong><\/font> <\/p>\n<p><b><\/b><\/p>\n<p><b>U.S. equity markets are closed today for the Memorial Day holiday<\/b>. Trading activity on Canadian exchanges is expected to be lower than average. <\/p>\n<p><font size=\"5\"><strong>Earnings and Revenue Consensus for S&amp;P 500 Companies<\/strong><\/font><\/p>\n<p>Source: <a href=\"http:\/\/www.factset.com\">www.factset.com<\/a><\/p>\n<p><b><\/b><\/p>\n<p><b>Analysts increased their 2026 earnings and revenue estimates again last week: <\/b>94% of companies have reported first quarter results to date: 84% have reported higher than consensus earnings and 81% have reported higher than consensus revenues.<\/p>\n<ul>\n<li>Consensus for <b>first quarter 2026<\/b> was a 28.4% earnings gain versus a 27.7% gain last week. Revenue gains increased to 11.6% from 11.4%.<\/li>\n<li>Consensus for <b>second quarter 2026<\/b> earnings gains increased to 21.0% from 20.5% last week. Consensus for revenue gains increased to 11.5% from 11.4%.<\/li>\n<li>Consensus for <b>third quarter 2026<\/b> earnings gains increased to 24.2% from 23.6%.last week. Consensus for revenue gains increased to 10.2% from 10.1%.<\/li>\n<li>Consensus for <b>fourth quarter 2026<\/b> earnings gains increased to 21.7% from 21.1%. Revenue gains increased to 10.4% from 10.3%.<\/li>\n<li>F<strong>or all of 2026<\/strong>, consensus for earnings gains increased to 22.1% from 21.5%. Consensus for revenue gains increased to 10.4% from 10.3%.<\/li>\n<\/ul>\n<p><font size=\"5\"><strong>Economic News This Week<\/strong><\/font><\/p>\n<p>Source: <a href=\"http:\/\/www.MarketWatch.com\">www.MarketWatch.com<\/a><\/p>\n<p><b><\/b><\/p>\n<p><b>April U.S. Durable Goods Orders<\/b> released at 8:30 AM EST on Thursday are expected to increase 3.3% versus a 0.8% increase in March.<\/p>\n<p><b><\/b><\/p>\n<p><b>April U.S. New Home Sales<\/b> released at 10:00 AM EST on Thursday are expected to drop to 665,000 from 682,000 in March<\/p>\n<p><b><\/b><\/p>\n<p><b>Second estimate of first quarter U.S. GDP<\/b> released at 8:30 AM EST on Friday is expected to remain unchanged at 2.0%<\/p>\n<p><b><\/b><\/p>\n<p><b>April U.S. Personal Income<\/b> released at 8:30 AM EST on Friday is expected to increase 0.4% versus a 0.6% increase in March. <b>April U.S. Consumer Spending <\/b>is expected to increase 0.5% versus a 0.9% increase in March.<\/p>\n<p><b><\/b><\/p>\n<p><b>April Core PCE Price Index<\/b> released at 8:30 AM EST on Friday is expected to increase 0.3% versus a 0.3% increase in March. On a year-over-year basis, the Index is expected to increase 3.3% versus a 3.2% increase in March.<\/p>\n<p><font size=\"5\"><strong>Selected Earnings News This Week<\/strong><\/font><\/p>\n<p>Source: <a href=\"http:\/\/www.Investing.com\">www.Investing.com<\/a> )<\/p>\n<p>Focuses this week are on fiscal second quarter reports released by Canada\u2019s big banks<\/p>\n<p><b><\/b><\/p>\n<p><b><i>Tuesday<\/i><\/b><i>: Zscaler<\/i><\/p>\n<p><i><\/i><\/p>\n<p><b><i>Wednesday:<\/i><\/b><i> Marvell, <b>Bank of Montreal<\/b>, Salesforce.com, <b>Scotia Bank<\/b>, Synopsys, <b>National Bank<\/b>, Agilent, Dick\u2019s Sporting Goods<\/i><\/p>\n<p><i><\/i><\/p>\n<p><b><i>Thursday<\/i><\/b><i>: <b>Royal Bank, Toronto Dominion Bank<\/b>, Dell, <b>Canadian Imperial Bank of Commerce,<\/b> Autodesk, MongoDB, NetApp, Dollar Tree, Okta, Lulu lemon, Gap<\/i><\/p>\n<p><i><\/i><\/p>\n<p><b><i>Friday:<\/i><\/b><i> Laurentian Bank<\/i><\/p>\n<p><em><\/em><\/p>\n<p><i><\/i><\/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_image002-14.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image002_thumb-14.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 22<sup>nd<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image004-13.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-13.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: Decrease from previous day<\/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><i><\/i><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for May 22<sup>nd<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image006-13.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-13.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><em><\/em><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for May 22<sup>nd<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image008-13.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-13.png\" width=\"244\" height=\"164\" \/><\/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>Technical Notes on Friday<\/strong><\/font><\/p>\n<p><b>Dow Jones Industrial Average<\/b> moved above 50,512.79 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image009-5.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-5.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>IBM<\/b> (IBM) a Dow Jones Industrial Average stock moved above $256.61 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image010-11.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-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>TSX Composite Index<\/b> briefly moved above 34,544.46 to an all-time high on Friday. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image011-6.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-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>S&amp;P\/TSE 60 Index<\/b> closed above 2001.68 to an all-time high<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image012-11.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-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>S&amp;P 100 and NASDAQ 100 stocks moving above resistance extending an intermediate uptrend included <b>Copart<\/b> (CPRT) on a move above $34.51, <b>Metlife <\/b>(MET) on a move above $85.27 to an all-time high, <b>Cadence Design Systems<\/b> (CDNS) on a move above $376.45 to an all-time high<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image013-10.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-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image014-11.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-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Money Talks for Saturday May 23<sup>rd<\/sup> 2026<\/b><\/p>\n<p><a href=\"https:\/\/mikesmoneytalks.ca\/category\/mikes-content\/complete-show\/?mc_cid=1a21183279&amp;mc_eid=592546b4b5\">Michael Campbell\u2019s MoneyTalks \u2013 Complete Show (mikesmoneytalks.ca)<\/a><\/p>\n<p><b>Wall Street Bull Brian Belski Sees Correction Before S&amp;P Run Into the 8,000s: Dan Nathan<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=7wHhJIxRsrU\">Wall Street Bull Brian Belski Sees Correction Before S&amp;P Run Into the 8,000s \u2013 YouTube<\/a><\/p>\n<p><b>Nvidia earnings shows &#8216;unrelenting demand&#8217;, says Fundstrat&#8217;s Tom Lee<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=-3jn53ZjmvY\">Nvidia earnings shows &#8216;unrelenting demand&#8217;, says Fundstrat&#8217;s Tom Lee \u2013 YouTube<\/a><\/p>\n<p><b>Market bears still in hibernation mode after Nvidia earnings, says Wedbush&#8217;s Dan Ives<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=n3BlIhRs-VI\">Market bears still in hibernation mode after Nvidia earnings, says Wedbush&#8217;s Dan Ives \u2013 YouTube<\/a><\/p>\n<p><b>Crude Oil Plunges! Crucial Technical Levels To Watch: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=6_58L6_48U4\">Crude Oil Plunges! Crucial Technical Levels To Watch \u2013 YouTube<\/a><\/p>\n<p><b>The New Fed Head Seems Right: Bob Hoye<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/05\/the-new-fed-head-seems-right-bob-hoye\/\">https:\/\/www.howestreet.com\/2026\/05\/the-new-fed-head-seems-right-bob-hoye\/<\/a><\/p>\n<p><b>Trading Desk Notes for May 23, 2026: Victor Adair<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/05\/trading-desk-notes-for-may-23-2026\/\">https:\/\/www.howestreet.com\/2026\/05\/trading-desk-notes-for-may-23-2026\/<\/a><\/p>\n<p><font size=\"5\"><strong>Changes Last Week<\/strong><\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image016-8.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-8.png\" width=\"244\" height=\"180\" \/><\/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_image017-7.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-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.20 on Friday and gained 13.80 last week to 58.00. It remained Neutral. Daily uptrend was set.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image018-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image018_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term Barometer added 7.60 on Friday and advanced 23.40 last week to 59.40. It changed from Oversold to Neutral on a recovery above 40.00. Daily uptrend was set.<\/p>\n<p>The long term Barometer added 2.00 on Friday and advanced 7.00 last week to 59.40. It remained Neutral. Daily uptrend was set.<\/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_image019-6.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image019\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image019\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image019_thumb-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer was unchanged on Friday and gained 13.53 last week to 57.73. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image020-6.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image020\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image020\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/05\/clip_image020_thumb-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term Barometer added 2.73 on Friday and gained 1.37 last week to 56.82. It remained Neutral.<\/p>\n<p>The long term Barometer added 0.45 on Friday and gained 1.81 last week to 56.82. It remained Neutral.<\/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>The Bottom Line U.S. equity markets are closed today for the Memorial Day holiday. Trading activity on Canadian exchanges is expected to be lower than average. Earnings and Revenue Consensus for S&amp;P 500 Companies Source: www.factset.com Analysts increased their 2026 earnings and revenue estimates again last week: 94% of companies have reported 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-195293","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195293","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=195293"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195293\/revisions"}],"predecessor-version":[{"id":195294,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195293\/revisions\/195294"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=195293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=195293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=195293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}