{"id":197319,"date":"2026-08-11T19:46:15","date_gmt":"2026-08-11T23:46:15","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197319"},"modified":"2026-08-12T08:46:16","modified_gmt":"2026-08-12T12:46:16","slug":"tech-talk-for-wednesday-august-12th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/08\/11\/tech-talk-for-wednesday-august-12th-2026\/","title":{"rendered":"Tech Talk for Wednesday August 12th 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Wednesday August 12<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning<\/b>. S&amp;P 500 futures were up 31 points at 8:35 AM EDT.<\/em><\/p>\n<p><em>S&amp;P 500 futures added 1 point following release of the <b>July Consumer Price Index<\/b> at 8:30 AM EDT. Consensus called for a 0.1% increase versus a 0.4% drop in June. Actual was a 0.1% increase. On a year-over-year basis, consensus called for a drop to 3.4% from 3.5% in June. Actual was a drop to 3.4% Excluding food and energy, consensus called for a 0.2% increase versus no change in June. Actual was up 0.2%. On a year-over-year basis, Core CPI was expected to increase 2.5% versus 2.6% in June. Actual was a 2.5% increase.<\/em><\/p>\n<p><em><b>Super Micro Computer<\/b> (SMCI) added $3.14 to $34.74 after reporting higher than consensus fiscal fourth quarter results. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image0011-1.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\/08\/clip_image0011_thumb-1.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Cava Group<\/b> (CAVA) added $4.64 to $65.45 after reporting higher than consensus second quarter results.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image0021-1.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\/08\/clip_image0021_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Air Canada<\/b> (AC.TO) is expected to open lower after reporting a second quarter operating loss. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image003-5.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image003_thumb-5.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Comment for August 12<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Weakness in the housing market threatening the wealth effect (and equity prices). See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/08\/11\/stock-market-outlook-for-august-12-2026\/\"><em>https:\/\/equityclock.com\/2026\/08\/11\/stock-market-outlook-for-august-12-2026\/<\/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><b>First Trust Natural Gas ETF<\/b> (FCG) moved above $29.88 setting an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image001-7.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\/08\/clip_image001_thumb-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Schlumberger<\/b> (SLB) a NASDAQ 100 stock moved above $53.20 setting an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image002-7.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\/08\/clip_image002_thumb-6.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\/08\/clip_image004-5.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\/08\/clip_image004_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 August 11<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image006-5.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\/08\/clip_image006_thumb-5.png\" width=\"244\" height=\"116\" \/><\/a><\/p>\n<p><i>Green:<\/i><i> Increase from previous day <\/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><em><\/em><\/p>\n<p><font size=\"4\"><strong>Commodities<\/strong><\/font><\/p>\n<p>Daily Seasonal\/Technical Commodities Trends for August 11<sup>th<\/sup> 2026<\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image008-5.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\/08\/clip_image008_thumb-5.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>Red: Decrease from previous day<\/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 August 11<sup>th<\/sup> 2026<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image010-5.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\/08\/clip_image010_thumb-5.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>Nvidia Strikes Mega AI Deal But Echo&#8217;s Dot-Com Hype, Top Trades, Stocks, Gold, Silver, Bitcoin: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=1B4Buc77-_E\">Nvidia Strikes Mega AI Deal But Echo&#8217;s Dot-Com Hype, Top Trades, Stocks, Gold, Silver, Bitcoin \u2013 YouTube<\/a><\/p>\n<p><b>Trading Places Live! August 11, 2026: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=sxrQRmefVhY\">Trading Places Live! August 11, 2026 \u2013 YouTube<\/a><\/p>\n<p><b>Brookfield&#8217;s Bruce Flatt discusses NVIDIA strategic partnership on CNBC<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=Uxy4s2FP2EY\">https:\/\/www.youtube.com\/watch?v=Uxy4s2FP2EY<\/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\/08\/clip_image011.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\/08\/clip_image011_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 1.80 to 64.00. It remained Overbought.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image012-5.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\/08\/clip_image012_thumb-5.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 0.60 to 64.00. It remained Overbought.<\/p>\n<p>The long term (200 days) Barometer dropped 0;.20 to 72.20. 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\/08\/clip_image013-2.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\/08\/clip_image013_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 2.28 to 66.21. It remained Overbought. Daily uptrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image014-5.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image014\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image014\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/08\/clip_image014_thumb-5.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 2.74 to 58.90. It remained Neutral.<\/p>\n<p>The long term (200 days) Barometer added 1.83 to 72.60. It remained Overbought. Daily uptrend 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 Wednesday August 12th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 31 points at 8:35 AM EDT. S&amp;P 500 futures added 1 point following release of the July Consumer Price Index at 8:30 AM EDT. Consensus called for a 0.1% increase versus a 0.4% drop in June. [&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-197319","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197319","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=197319"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197319\/revisions"}],"predecessor-version":[{"id":197327,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197319\/revisions\/197327"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}