{"id":196887,"date":"2026-07-26T16:46:05","date_gmt":"2026-07-26T20:46:05","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=196887"},"modified":"2026-07-26T16:46:05","modified_gmt":"2026-07-26T20:46:05","slug":"tech-talk-for-monday-july-27th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/07\/26\/tech-talk-for-monday-july-27th-2026\/","title":{"rendered":"Tech Talk for Monday July 27th 2026"},"content":{"rendered":"<p><font size=\"5\"><strong>The Bottom Line<\/strong><\/font><\/p>\n<p><b>Focuses this week<\/b> are on:<\/p>\n<ul>\n<li>Quarterly reports by <b>Meta Platforms<\/b> and <b>Microsoft<\/b> on Wednesday, and <b>Amazon<\/b> on and <b>Apple<\/b> on Thursday.<\/li>\n<li><b>FOMC decision<\/b> on interest rate on Wednesday. <\/li>\n<li><b>U.S. inflation rate<\/b> based on PCE Core Price Index released on Thursday<\/li>\n<\/ul>\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 significantly last week after Alphabet reported an extraordinary gain. <\/b>Twenty seven percent of S&amp;P 500 companies have reported to date.<\/p>\n<ul>\n<li>Consensus for <b>second quarter 2026<\/b> earnings gains increased to 37.9% from 24.7% last week. Consensus for revenue gains increased to 13.2% from 12.8%.<\/li>\n<li>Consensus for <b>third quarter 2026<\/b> earnings gains increased to 27.3% from 27.0%.last week. Consensus for revenue gains increased to 10.9% from 10.8%.<\/li>\n<li>Consensus for <b>fourth quarter 2026<\/b> earnings increased to 24.9% from 24.6% last week. Consensus for revenue gains slipped to 10.5% from 10.4%.<\/li>\n<li><b>For all of 2026<\/b>, consensus for earnings gains increased to 27.3% from 24.5 % last week. Consensus for revenue gains increased to 11.0% from 10.9%.<\/li>\n<li><b>For all of 2027<\/b>, consensus for earnings gains dropped to 15.3% from 17.5% last week and consensus for revenue gains increased to 8.3% from 8.2%<\/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>June Durable Goods Orders<\/b> released at 8:30 AM EDT on Monday are expected to improve 2.1% versus a 4.5% drop in May.<\/p>\n<p><b>FOMC interest rate decision<\/b> released at 2:00 PM EDT on Wednesday is expected to record no change for the Fed Fund Rate currently at 3.50%-3.75%.<\/p>\n<p><b>June Personal Income<\/b> released at 8:30 AM EDT on Thursday is expected to increase 0.4% versus a 0.7% increase in May. <b>June Consumer Spending <\/b>is expected to increase 0.3% versus a 0.3% increase in May.<\/p>\n<p><b>June PCE Core Price Index<\/b> released at 8:30 AM EDT on Thursday is expected to increase 0.2% versus a 0.3% increase in May. On a year-over-year basis, the June Index is expected to increase 3.3% versus a 3.4% increase in May.<\/p>\n<p><b>July University of Michigan Consumer Sentiment<\/b> released at 10:00 AM EDT on Friday is expected to slip to 54.0 from a previous 54.4 estimate.<\/p>\n<p><font size=\"5\"><strong>Selected Earnings News This Week<\/strong><\/font><\/p>\n<p><b>Source:<\/b> <a href=\"http:\/\/www.MarketWatch.com\">www.MarketWatch.com<\/a><\/p>\n<p>Another 177 S&amp;P 500 companies (including 9 Dow Jones Industrial Average companies) are scheduled to report this week. Another 10 TSX 60 companies are scheduled to report.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image002-16.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\/07\/clip_image002_thumb-16.png\" width=\"244\" height=\"194\" \/><\/a><\/p>\n<p><b>Bolded stocks are TSE listed stocks <\/b><\/p>\n<p><\/p>\n<p><strong><\/strong><\/p>\n<p><strong><\/strong><\/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\/07\/clip_image004-14.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\/07\/clip_image004_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 July 24<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/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\/07\/clip_image006_thumb-13.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i>Green:<\/i><i> Increase from previous day <\/i><i><\/i><\/p>\n<p><font color=\"#ff0000\"><i>Red:<\/i><i> Decrease from previous day<\/i><\/font><\/p>\n<p><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><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 July 24<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/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\/07\/clip_image008_thumb-13.png\" width=\"244\" height=\"142\" \/><\/a><\/b><\/p>\n<p><i>Green: Increase from previous day <\/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=\"4\"><strong>Sectors<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Sector Trends for July 24<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image010-12.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\/07\/clip_image010_thumb-12.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>Technical Notes for Friday<\/strong><\/font><\/p>\n<p><b>Comcast<\/b> (CMCSA) an S&amp;P 100 stock moved below $21.83 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/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\/07\/clip_image011_thumb-5.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Raytheon Technologies<\/b> (RTX) moved above $213.61 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image012-13.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\/07\/clip_image012_thumb-13.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\/07\/clip_image014-14.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\/07\/clip_image014_thumb-14.png\" width=\"244\" height=\"179\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>Michael Campbell\u2019s Money Talks for July 25<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>Trendline Break At RISK: Oil Drops After Tagging 50% Retrace, Stocks Struggle On Earnings Worries: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=hhfiHtqbEW0\">Trendline Break At RISK: Oil Drops After Tagging 50% Retrace, Stocks Struggle On Earnings Worries \u2013 YouTube<\/a><\/p>\n<p><b>Wharton Professor Jeremy Siegel on why this upcoming FOMC meeting is important<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=Qv12-HdtIWo\">Wharton Professor Jeremy Siegel on why this upcoming FOMC meeting is important \u2013 YouTube<\/a><\/p>\n<p><b>Your Top Market Questions Answered: Yields, ETFs, Crypto Stocks &amp; Better Investing | CHART THIS: Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=y1h3uv2sbyw\">Your Top Market Questions Answered: Yields, ETFs, Crypto Stocks &amp; Better Investing | CHART THIS \u2013 YouTube<\/a><\/p>\n<p><b>S&amp;P 500 Faces Major Test Ahead of Big Tech Earnings: Stock Charts<\/b><\/p>\n<p><a href=\"https:\/\/articles.stockcharts.com\/article\/sp-500-faces-major-test-as-earnings-and-fed-approach\/\">S&amp;P 500 Faces Major Test Ahead of Big Tech Earnings (stockcharts.com)<\/a><\/p>\n<p><b>Will we see a major market correction this fall? Bob Hoye<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/07\/could-gold-save-you-if-markets-crash-bob-hoye\/\">Could Gold Save You if Markets Crash? \u2013 HoweStreet<\/a><\/p>\n<p><b>AI Bust Fallout \u2018More Significant\u2019 Than Dot-Com: Danielle Park<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/07\/ai-bust-fallout-more-significant-than-dot-com\/\">AI Bust Fallout \u2018More Significant\u2019 Than Dot-Com \u2013 HoweStreet<\/a><\/p>\n<p><b>Trading Desk Notes for July 25, 2026: Victor Adair<\/b><\/p>\n<p><a href=\"https:\/\/www.howestreet.com\/2026\/07\/trading-desk-notes-for-july-25-2026\/\">https:\/\/www.howestreet.com\/2026\/07\/trading-desk-notes-for-july-25-2026\/<\/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\/07\/clip_image015-9.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\/07\/clip_image015_thumb-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 5.80 to 65.80 on Friday and gained 1.20 last week to 65.80. It remained Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image016-11.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\/07\/clip_image016_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 11.20 on Friday and dropped 3.40 last week. It remains Neutral.<\/p>\n<p>The long term Barometer added 1.40 on Friday and gained 3.60 last week to 66.80. 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\/07\/clip_image017-10.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\/07\/clip_image017_thumb-10.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 5.00 on Friday and gained 4.09 last week to 58.64. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image018-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/07\/clip_image018_thumb-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer 8.64 on Friday and dropped 0.91 last week to 55.91. It remained Neutral.<\/p>\n<p>The long term Barometer slipped 0.91 on Friday and gained 3.63 last week to 61.36. 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 Focuses this week are on: Quarterly reports by Meta Platforms and Microsoft on Wednesday, and Amazon on and Apple on Thursday. FOMC decision on interest rate on Wednesday. U.S. inflation rate based on PCE Core Price Index released on Thursday Earnings and Revenue Consensus for S&amp;P 500 Companies Source: www.factset.com Analysts increased [&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-196887","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196887","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=196887"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196887\/revisions"}],"predecessor-version":[{"id":196888,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/196887\/revisions\/196888"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=196887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=196887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=196887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}