{"id":196270,"date":"2026-06-30T19:45:59","date_gmt":"2026-06-30T23:45:59","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=196270"},"modified":"2026-07-01T08:48:18","modified_gmt":"2026-07-01T12:48:18","slug":"tech-talk-for-wednesday-july-1st-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/06\/30\/tech-talk-for-wednesday-july-1st-2026\/","title":{"rendered":"Tech Talk for Wednesday July 1st 2026"},"content":{"rendered":"<p><strong><em><sup><font color=\"#ff0000\" size=\"6\">CANADA DAY <font color=\"#666666\" size=\"5\">edition<\/font><\/font><\/sup><\/em><\/strong><\/p>\n<p><em><font size=\"5\"><strong>Pre-opening Comments for Wednesday July 1<sup>st <\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were lower this morning.<\/b> S&amp;P 500 futures were down 12 points at 8:30 AM EDT.<\/em><\/p>\n<p><em><b>The Toronto Exchange<\/b> is closed today for the Canada Day holiday.<\/em><\/p>\n<p><em><b>Nike<\/b> (NKE) dropped $3.17 to $37.88 despite reporting higher than consensus fiscal fourth quarter earnings. However, a large part of the earnings gain included receipt of a large tariff refund. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image0011.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\/07\/clip_image0011_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Constellation Brands<\/b> (STZ) added $5.49 to $139.09 after reporting higher than consensus fiscal first quarter earnings.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image0021.png\"><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\/07\/clip_image0021_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Bloom Energy<\/b> (BE) added $22.30 to $325.00 after announcing a power deal with Brookfield.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image0031.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image0031_thumb.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>General Mills<\/b> (GIS) added $1.43 to $36.23 after reporting higher than consensus fiscal fourth quarter earnings.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image0041.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image004[1]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image004[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image0041_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong><\/strong><\/font><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Wheat ETN<\/b> (WEAT) briefly moved below $21.92 and $21.72 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image001-21.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-21.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Costco (<\/b>COST) an S&amp;P 100 stock moved below $936.51 setting an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image002-21.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-21.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Agnico-Eagle<\/b> (AEM) a TSX 60 stock briefly moved below US$150.70 and US$149.69 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image003-20.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-20.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>BCE<\/b> (BCE.TO) a TSX 60 stock moved below Cdn$31.30 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image004-20.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-20.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_image006-18.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-18.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 30<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image008-18.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-18.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 30<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image010-16.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\/06\/clip_image010_thumb-16.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><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 30<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image012-17.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\/06\/clip_image012_thumb-17.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><i>     <br \/><\/i><\/p>\n<p><i><\/i><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Forget the Head and Shoulders Pattern. Watch This Instead. Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=qjr1Qvn-2uw\">Forget the Head and Shoulders Pattern. Watch This Instead. \u2013 YouTube<\/a><\/p>\n<p><b>MRKT Call &#8211; Tuesday, June 30<sup>th<\/sup>: Dan Nathan and Carter Worth<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=nLcEmfQHGa8\">MRKT Call &#8211; Tuesday, June 30th \u2013 YouTube<\/a><\/p>\n<p><b>Trading Places Live! June 30, 2026: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=frT50887fnY\">Trading Places Live! June 30, 2026 \u2013 YouTube<\/a><\/p>\n<p><b>Dan Ives Expects Mag 7 to \u2018Significantly\u2019 Outperform in Second Half: <\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=MJCT8SC3QAg\">Dan Ives Expects Mag 7 to \u2018Significantly\u2019 Outperform in Second Half \u2013 YouTube<\/a><\/p>\n<p><b>Positioning portfolios for the second half of 2026: BNN Bloomberg<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=KT6eUkc0Wzw\">Positioning portfolios for the second half of 2026 \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_image013-8.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-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 2.40 to 62.40. It remains Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image014-17.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\/06\/clip_image014_thumb-17.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped 2.60 to 62.80. It remains Overbought.<\/p>\n<p>The long term Barometer dropped 1.20 to 62.00. It remains 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_image015-14.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-14.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 1.82 to 46.82. It remains Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image016-16.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image016\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image016\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/06\/clip_image016_thumb-16.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer slipped 0.45 to 44.55. It remains Neutral.<\/p>\n<p>The long term Barometer was unchanged at 61.82. 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>CANADA DAY edition Pre-opening Comments for Wednesday July 1st U.S. equity index futures were lower this morning. S&amp;P 500 futures were down 12 points at 8:30 AM EDT. The Toronto Exchange is closed today for the Canada Day holiday. Nike (NKE) dropped $3.17 to $37.88 despite reporting higher than consensus fiscal fourth quarter earnings. However, [&hellip;]<\/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-196270","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196270","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=196270"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196270\/revisions"}],"predecessor-version":[{"id":196280,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196270\/revisions\/196280"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=196270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=196270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=196270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}