{"id":196163,"date":"2026-06-25T20:07:28","date_gmt":"2026-06-26T00:07:28","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=196163"},"modified":"2026-06-26T08:45:57","modified_gmt":"2026-06-26T12:45:57","slug":"tech-talk-for-friday-june-26th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/06\/25\/tech-talk-for-friday-june-26th-2026\/","title":{"rendered":"Tech Talk for Friday June 26th 2026"},"content":{"rendered":"<p><em><font size=\"6\"><font size=\"5\"><strong>Pre-opening Comments for Friday June 26<sup>th<\/sup><\/strong><\/font><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were lower this morning.<\/b> S&amp;P 500 futures were down 28 points in pre-opening trade. <\/em><\/p>\n<p><em><b>South Korea iShares<\/b> (EWY) are expected to open lower after South Korea\u2019s KOSPI Index dropped 5.3% last night. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image0011-9.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\/06\/clip_image0011_thumb-9.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>McCormick<\/b> (MKC) added $0.55 to $48.90 after reporting higher than consensus fiscal second quarter revenues. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image0021-9.png\"><em><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\/06\/clip_image0021_thumb-9.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Darden Restaurants<\/b> (DRI) added $1.24 to $214.00 after reporting higher than consensus fiscal fourth quarter earnings.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image0031-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[1]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image0031_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for June 26<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Our list of our highest conviction sectors for the month of July.&#160; The time to position for the summer rally period is near. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/06\/25\/stock-market-outlook-for-june-26-2026\/\"><em>https:\/\/equityclock.com\/2026\/06\/25\/stock-market-outlook-for-june-26-2026\/<\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>Market Volatility Not Unusual This Time of Year: Mark Leibovit<\/strong><\/font><\/em><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/06\/market-volatility-not-unusual-this-time-of-year-mark-leibovit\/\"><em>Market Volatility Not Unusual This Time of Year \u2013 HoweStreet<\/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>S&amp;P 100 and NASDAQ 100 stock trading above resistance extending an intermediate uptrend included <b>DR Horton<\/b> (DHI) on a move above $168.66, <b>US Bancorp<\/b> (USB) on a move above $92.73 to an all-time high, <b>AbbVie <\/b>(ABBV) on a move above $239.13 to an all-time high, <b>Thermo Fisher Scientific<\/b> (TMO) on a move above $498.50, <b>Illumina<\/b> (ILMN) on a move above $498.50 to an all-time high, <b>Merck <\/b>(MRK) on a move above $123.33, <b>Biogen<\/b> (BIIB) on a move above $205.97<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image001-18.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-18.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image002-18.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-18.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image003-17.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-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image004-17.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-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image005-13.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-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>S&amp;P Money Center Bank SPDRs<\/b> (KBE) closed above $67.00 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image006-15.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-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Microsoft<\/b> (MSFT) a Dow Jones Industrial Average stock moved below $355.51 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image007-8.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-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Nike <\/b>(NKE) a Dow Jones Industrial Average stock moved below $355.51 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image008-15.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\/06\/clip_image008_thumb-15.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Telus<\/b> (T.TO) a TSX 60 stock moved below Cdn$15.78 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image009-4.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-4.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\/06\/clip_image011-5.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-5.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 25<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image013-7.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-7.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><font color=\"#ff0000\"><i>Red: <\/i><i>Decrease from previous day<\/i><\/font><\/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><i>     <br \/><\/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 June 25<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image015-12.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-12.png\" width=\"244\" height=\"141\" \/><\/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><strong><font size=\"4\">Sectors<\/font><\/strong><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for June 25<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image017-13.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-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><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Did MU Earnings Save The AI Trade? PCE Inflation Data Report, Key Trades: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=_sAU2lo1YUM\">Did MU Earnings Save The AI Trade? PCE Inflation Data Report, Key Trades \u2013 YouTube<\/a><\/p>\n<p><b>We&#8217;re seeing signs the U.S. economy is turning a corner, says Carson Group&#8217;s Ryan Detrick<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=7a9TVVZyD0E\">We&#8217;re seeing signs the U.S. economy is turning a corner, says Carson Group&#8217;s Ryan Detrick \u2013 YouTube<\/a><\/p>\n<p><b>MRKT Call &#8211; Thursday, June 25<sup>th<\/sup> Guy Adami, Dan Nathan and Liz Thomas<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=l_VLWvMww_Y\">MRKT Call &#8211; Thursday, June 25th \u2013 YouTube<\/a><\/p>\n<p><b>The Market Isn&#8217;t Buying the Headlines: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=QIo-8CAkV1s\">The Market Isn&#8217;t Buying the Headlines \u2013 YouTube<\/a><\/p>\n<p><b>TOM LEE: As we approach mid-year, the driver for S&amp;P 500 so far is &#8216;E&#8217; not &#8216;PE<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=kefpGooSJCg\">TOM LEE: As we approach mid-year, the driver for S&amp;P 500 so far is &#8216;E&#8217; not &#8216;PE&#8217; \u2013 YouTube<\/a><\/p>\n<p><b>Here&#8217;s why Goldman Sachs cut its oil price forecasts:<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=utHYyI7UWzY\">Here&#8217;s why Goldman Sachs cut its oil price forecasts \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\/06\/clip_image018-14.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-14.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 0.60 to 64.20. It remained Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image019-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 1.20 to 61.80. It remained Overbought<\/p>\n<p>The long term Barometer slipped 1.00 to 62.80. It remained Overbought.<\/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_image020-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped another 2.73 to 44.09. It remained Neutral. Daily downtrend was extended. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image021-4.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-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term Barometer added 1.82 to 40.00. It changed from Oversold to Neutral on a recovery to 40.00.<\/p>\n<p>The long term Barometer dropped another 0.91 to 60.51. It remained Overbought. Daily downtrend was extended.<\/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 Friday June 26th U.S. equity index futures were lower this morning. S&amp;P 500 futures were down 28 points in pre-opening trade. South Korea iShares (EWY) are expected to open lower after South Korea\u2019s KOSPI Index dropped 5.3% last night. McCormick (MKC) added $0.55 to $48.90 after reporting higher than consensus fiscal second [&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-196163","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196163","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=196163"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196163\/revisions"}],"predecessor-version":[{"id":196171,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196163\/revisions\/196171"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=196163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=196163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=196163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}