{"id":195425,"date":"2026-05-28T21:24:05","date_gmt":"2026-05-29T01:24:05","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=195425"},"modified":"2026-05-29T08:55:32","modified_gmt":"2026-05-29T12:55:32","slug":"tech-talk-for-friday-may-29th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/05\/28\/tech-talk-for-friday-may-29th-2026\/","title":{"rendered":"Tech Talk for Friday May 29th 2026"},"content":{"rendered":"

Pre-opening Comments for Friday May 29th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning.<\/b> S&P 500 futures were up 10 points at 8:30 AM EDT.<\/em><\/p>\n

Costco<\/b> added $4.35 to $999.75 after reporting higher than consensus fiscal third quarter results. <\/em><\/p>\n

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Dell <\/b>gained $119.20 to $436.25 after reporting higher than consensus first quarter results. <\/em><\/p>\n

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MongoDB<\/b> added $39.32 to $365.00 after reporting higher than consensus first quarter results.<\/em><\/p>\n

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Gap Stores<\/b> dropped $3.20 to $27.80 after reporting less than consensus first quarter results. <\/em><\/p>\n

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EquityClock\u2019s Market Outlook for May 29th<\/sup><\/strong><\/font><\/em><\/p>\n

Defense stocks looking set to defend portfolios this summer. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/05\/28\/stock-market-outlook-for-may-29-2026\/<\/em><\/a><\/p>\n

Could SpaceX Create an Investment Vacuum? Mark Leibovit<\/strong><\/font><\/em><\/p>\n

Could SpaceX Create an Investment Vacuum? \u2013 HoweStreet<\/em><\/a><\/p>\n

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

Consumer Discretionary SPDRs<\/b> (XLY) moved above $121.85 resuming an intermediate uptrend.<\/p>\n

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Global Base Metals iShares<\/b> (XBM.TO) closed at an all-time closing high thanks mainly to HudBay Minerals<\/b> (HBM.TO) on a move above Cdn$38.93 to an all-time high, First Quantum Minerals <\/b>(FM.TO) on a move above Cdn$40.98 and Alcoa <\/b>(AA) on a move above US$75.58 to a four year high.<\/p>\n

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China Large Cap iShares<\/b> (FXI) moved below $34.77 extending an intermediate downtrend.<\/p>\n

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Palladium ETN<\/b> (PALL) moved below $24.35 extending an intermediate downtrend.<\/p>\n

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Eli Lilly<\/b> (LLY) an S&P 100 stock moved above $1,130.12 to an all-time high extending an intermediate uptrend. <\/p>\n

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Illumina <\/b>(ILMN) a NASDAQ 100 stock moved above $155.53 and $155.66 resuming an intermediate uptrend.<\/p>\n

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

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

Daily Seasonal\/Technical Equity Trends for May 28th<\/sup> 2026<\/p>\n

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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 May 28th<\/sup> 2026<\/p>\n

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

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

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

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

Daily Seasonal\/Technical Sector Trends for May 28th<\/sup> 2026<\/p>\n

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

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

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

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

MRKT Call – Thursday, May 28th<\/sup>: Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=h4AI7Pt8ELc<\/a><\/p>\n

PCE Sparks Bounce As Oil Inch Inches Up, Nasdaq Hitting a Wall? (Dell, Bitcoin & Oil Levels)<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=TCIU03ZECLA<\/a><\/p>\n

Brad Gerstner on the market, tech and the flood of mega IPOs<\/b><\/p>\n

Brad Gerstner on the market, tech and the flood of mega IPOs \u2013 YouTube<\/a><\/p>\n

Gold Pullback Is \u201cHeaven Sent\u201d as Mining M&A Builds | Rick Rule<\/b><\/p>\n

Gold Pullback Is \u201cHeaven Sent\u201d as Mining M&A Builds | Rick Rule \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer added 0.60 to 56.60. It remained Neutral.<\/p>\n

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The short term (20 days) Barometer dropped 2.00 to 54.80. It remained Neutral.<\/p>\n

The long term Barometer added 1.69 to 60.00. It changed from Neutral to Overbought on a move to 60.00.<\/p>\n

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

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

The intermediate term Barometer added 6.36 to 60.00. It returned to Overbought from Neutral on a recovery to 60.00.<\/p>\n

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The short term (20 days) Barometer added 6.36 to 55.45. It remained Neutral.<\/p>\n

The long term Barometer added 0.91 to 73.64. It remained Overbought.<\/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 May 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT. Costco added $4.35 to $999.75 after reporting higher than consensus fiscal third quarter results. Dell gained $119.20 to $436.25 after reporting higher than consensus first quarter results. MongoDB added $39.32 […]<\/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-195425","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195425","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=195425"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195425\/revisions"}],"predecessor-version":[{"id":195435,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195425\/revisions\/195435"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=195425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=195425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=195425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}