{"id":195842,"date":"2026-06-14T19:07:01","date_gmt":"2026-06-14T23:07:01","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=195842"},"modified":"2026-06-14T19:07:01","modified_gmt":"2026-06-14T23:07:01","slug":"tech-talk-for-monday-june-15th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/06\/14\/tech-talk-for-monday-june-15th-2026\/","title":{"rendered":"Tech Talk for Monday June 15th 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>The Bottom Line<\/strong><\/font><\/p>\n<p><b>Last week, short term traders focused on the proposed 60 day peace agreement reached between Iran and U.S. \/Israel to halt the Middle East conflict. <\/b>World equity prices moved higher and crude oil futures moved lower in anticipation of finalizing a deal over this weekend.<\/p>\n<p>Successful launch of the <b>SpaceX IPO<\/b> (SPCX) on Friday also encouraged short term bullish sentiment. The launch was the largest IPO in history. Share price closed at $161.11, up 19.3% from the issue price at $135.00.<\/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>Analysts increased their 2026 earnings and revenue estimates again last week<\/b><\/p>\n<ul>\n<li>Consensus for <b>second quarter 2026<\/b> earnings gains increased to 21.9% from 21.7% last week. Consensus for revenue gains remained at 12.0%.<\/li>\n<li>Consensus for <b>third quarter 2026<\/b> earnings gains increased to 25.3% from 25.1%.last week. Consensus for revenue gains remained at 10.7%.<\/li>\n<li>Consensus for <b>fourth quarter 2026<\/b> earnings gains increased to 22.8% from 22.6%. Consensus for revenue gains remained at 10.2%.<\/li>\n<li><b>For all of 2026<\/b>, consensus for earnings gains increased to 23.2% from 22.8%. Consensus for revenue gains increased to 11.0% from 10.8%.<\/li>\n<\/ul>\n<p><b>Release of 2027 earnings and revenue estimates also offered encouraging news. <\/b>Consensus calls for a 16.2% earnings increase and a 7.6% revenue increase above 2026 estimates.<b> <\/b><\/p>\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>June Empire State Manufacturing Survey<\/b> released at 8:30 AM EDT on Monday is expected to slip to 13.9 from 19.6 in May.<\/p>\n<p><b>May U.S. Industrial Production<\/b> released at 9:15 AM EDT on Monday is expected to slip to 0.3% from 0.7% in April.<b><\/b><\/p>\n<p><b>May U.S. Housing Starts<\/b> released at 8:30 AM EDT on Tuesday are expected to slip to 1.4 million units from 1.5 million units in April.<\/p>\n<p><b>May U.S. Retail Sales<\/b> released at 8:30 AM EDT on Wednesday are expected to increase 0.5% versus a 0.5% increase in April.<\/p>\n<p><b>May U.S. Leading Economic Indicators<\/b> released at 10:00 AM EDT on Thursday are expected to increase 0.2 versus a 0.1 increase in April.<\/p>\n<p><b>U.S. security markets are closed on Friday for the Juneteenth holiday<\/b><\/p>\n<p><strong><\/strong><\/p>\n<p><font size=\"5\">Selected Earnings News This Week<\/font><\/p>\n<p>Source: <a href=\"http:\/\/www.Investing.com\">www.Investing.com<\/a><\/p>\n<p><em>A Quiet week ahead!<\/em><\/p>\n<p><em><b>Tuesday:<\/b> La-Z.Boy<\/em><\/p>\n<p><em><b>Wednesday:<\/b> Jabil, CarMax<\/em><\/p>\n<p><em><b>Thursday<\/b>: Accenture, Empire Companies.<\/em><\/p>\n<p><font size=\"5\"><strong>Technical Notes for Friday<\/strong><\/font><\/p>\n<p><b>United States Oil Fund<\/b> (USO) completing a short term Head &amp; Shoulders pattern on a move below US$127.38 and US$126.55 per barrel<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image001-10.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\/06\/clip_image001_thumb-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Linde <\/b>(LIN) an S&amp;P 100 stock moved above $519.64 to an all-time high extending an intermediate uptrend<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image002-10.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\/06\/clip_image002_thumb-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>U.S. Money Center stocks <\/b>moving above resistance extending an intermediate uptrend included <\/p>\n<p><b>Bank of America<\/b> (BAC) an S&amp;P 100 stock on a move above 55.11 and 56.26, <b>US Bancorp<\/b> (USB) an S&amp;P 100 stock on a move above $60.56 and <b>JP Morgan<\/b> (JPM) a Dow Jones Industrial Average stock on a move above $320.23<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image003-10.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\/06\/clip_image003_thumb-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image004-9.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\/06\/clip_image004_thumb-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Salesforce.com<\/b> (CRM) a Dow Jones Industrial Average stock moved below $163.10 to a 2 year low extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image005-7.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\/06\/clip_image005_thumb-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Couche Tard<\/b> (ATD.TO) a TSX 60 stock moved above Cdn$85.36 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image006-8.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\/06\/clip_image006_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>Forest product ETFs recorded double bottom patterns on Friday. <b>iShares Global Timber ETF<\/b> (WOOD) moved above $68.15 and <b>Invesco Global Timber ETF<\/b> (CUT) moved above $27.79 .<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image007-3.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\/06\/clip_image007_thumb-3.png\" width=\"244\" height=\"152\" \/><\/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\/06\/clip_image009-1.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\/06\/clip_image009_thumb-1.png\" width=\"244\" height=\"179\" \/><\/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\/06\/clip_image011-2.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\/06\/clip_image011_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 June 12<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image013-3.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\/06\/clip_image013_thumb-3.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i><font color=\"#00ff00\">Green: 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 June 12<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image015-7.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\/06\/clip_image015_thumb-7.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><em><\/em><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for June 12<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/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\/06\/clip_image017_thumb-7.png\" width=\"244\" height=\"164\" \/><\/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><em><\/em><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Michael Campbell\u2019s Money Talks for June 13<sup>th<\/sup> <\/b><\/p>\n<p><a href=\"https:\/\/mikesmoneytalks.ca\/category\/mikes-content\/complete-show\/\">https:\/\/mikesmoneytalks.ca\/category\/mikes-content\/complete-show\/<\/a><\/p>\n<p><b>Stock Market Deep Dive! Iran Deal, SpaceX IPO, Oil Targets, &amp; Bitcoin Bull Setup: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=KJZU4IhPVK8\">Stock Market Deep Dive! Iran Deal, SpaceX IPO, Oil Targets, &amp; Bitcoin Bull Setup \u2013 YouTube<\/a><\/p>\n<p><b>The $1.75 Trillion SpaceX IPO Will Test This Rally: Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=7cuUZ8bODSU\">The $1.75 Trillion SpaceX IPO Will Test This Rally \u2013 YouTube<\/a><\/p>\n<p><b>The Speculation Generation | 2026 Market Concentration with Jeff Huge and Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=Gp8jFXYRoSA\">The Speculation Generation | 2026 Market Concentration with Jeff Huge \u2013 YouTube<\/a><\/p>\n<p><b>CHART THIS with Dave Keller Friday 6\/12\/26<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=XSG4Btwzo44\">https:\/\/www.youtube.com\/watch?v=XSG4Btwzo44<\/a><\/p>\n<p><b>SpaceX First Two Trillion Dollar Company: Bob Hoye<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/06\/spacex-first-two-trillion-dollar-company-bob-hoye\/\">https:\/\/www.howestreet.com\/2026\/06\/spacex-first-two-trillion-dollar-company-bob-hoye\/<\/a><\/p>\n<p><b>U.S. Canada Trade Agreement is in Deep Trouble<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/06\/u-s-canada-trade-agreement-is-in-deep-trouble\/\">https:\/\/www.howestreet.com\/2026\/06\/u-s-canada-trade-agreement-is-in-deep-trouble\/<\/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\/06\/clip_image018-7.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\/06\/clip_image018_thumb-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.60 on Friday and gained 6.20 last week to 61.00. It changed from Neutral to Overbought on a recovery above 60.00. Daily trend remained up.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image019-3.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\/06\/clip_image019_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer advanced 6.60 on Friday and gained 11.00 last week to 71.40. It remained Overbought. Daily uptrend was extended on Friday.<\/p>\n<p>The long term Barometer added 0.80 on Friday and gained 1.20 last week to 61.60. It remained Overbought. Daily trend remained up.<\/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\/06\/clip_image020-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image020\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image020\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image020_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.18 on Friday and gained 4.09 last week to 53.64. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image021.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image021\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image021\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image021_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 1.36 on Friday and gained 4.55 last week to 54.09. It remained Neutral.<\/p>\n<p>The long term Barometer advanced 3.84 on Friday and gained 4.09 last week to 67.27. It remained 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>The Bottom Line Last week, short term traders focused on the proposed 60 day peace agreement reached between Iran and U.S. \/Israel to halt the Middle East conflict. World equity prices moved higher and crude oil futures moved lower in anticipation of finalizing a deal over this weekend. Successful launch of the SpaceX IPO (SPCX) [&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-195842","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195842","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=195842"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195842\/revisions"}],"predecessor-version":[{"id":195843,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/195842\/revisions\/195843"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=195842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=195842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=195842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}