{"id":197427,"date":"2026-08-16T17:59:24","date_gmt":"2026-08-16T21:59:24","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197427"},"modified":"2026-08-16T17:59:24","modified_gmt":"2026-08-16T21:59:24","slug":"tech-talk-for-monday-august-17th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/08\/16\/tech-talk-for-monday-august-17th-2026\/","title":{"rendered":"Tech Talk for Monday August 17th 2026"},"content":{"rendered":"

The Bottom Line<\/strong><\/font><\/p>\n

Will history repeat?<\/b> U.S. equity indices have a history of moving lower between the third week in August and the end of September during U.S. Presidential Mid-term Election years. Average drop per period by the Dow Jones Industrial Average since 1950 was 2.1%. <\/p>\n

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Highlight event during the period this year is the Jackson Hole Symposium<\/b> from August 27th<\/sup> to August 29th<\/sup> when new Federal Reserve Chairman Kevin Warsh is expected to comment on the FOMC\u2019s interest rate outlook.<\/p>\n

U.S. Economic News This Week<\/strong><\/font><\/p>\n

Source: www.MarketWatch.com<\/a><\/p>\n

<\/b><\/p>\n

August Empire State Manufacturing Survey<\/b> released at 8:30 AM EDT on Monday is expected to slip to 12.0 from 15.6 in July.<\/p>\n

July U.S. Housing Starts<\/b> released at 8:30 AM EDT on Tuesday are expected to slip to 1.3 million units from 1.4 million units in June.<\/p>\n

July U.S. Industrial Production<\/b> released at 9:15 AM EDT on Tuesday is expected to increase 0.4% versus a 0.1% increase in June. July U.S. Capacity Utilization <\/b>is expected to increase to 76.4% from 76.1% in June.<\/p>\n

Minutes to the July FOMC meeting<\/b> are released at 2:00 AM EDT on Wednesday.<\/p>\n

August Philly Fed Index<\/b> released at 8:30 AM EDT on Thursday is expected to drop to 25.0 from 41.4 in July.<\/p>\n

July U.S. Leading Indictors<\/b> released at 10:00 AM EDT on Friday are expected to be unchanged versus a 0.2% drop in June. <\/p>\n

Selected Quarterly Earnings News This Week<\/strong><\/font><\/p>\n

Source: www.MarketWatch.com<\/a><\/p>\n

Earnings focuses this week are on the large U.S. retail merchandisers<\/b>: Home Depot on Tuesday, Lowe\u2019s, Target and TJX Companies on Wednesday and Walmart and Ross Stores on Thursday.<\/p>\n

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Changes Last Week<\/strong><\/font><\/p>\n

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Trader\u2019s Corner<\/strong><\/font><\/p>\n

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Equity Indices and Related ETFs<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Equity Trends for August 14th<\/sup> 2026<\/p>\n

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Green:<\/i> Increase from previous day <\/i><\/i><\/p>\n

Red: Decrease from previous day<\/font><\/i><\/p>\n

Source for all positive seasonality ratings: www.EquityClock.com<\/a><\/i> <\/i><\/p>\n

<\/em><\/p>\n

Commodities<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Commodities Trends for August 14th<\/sup> 2026<\/p>\n

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Green: Increase from previous day<\/font> <\/i><\/p>\n

Red: Decrease from previous day<\/i><\/p>\n

<\/em><\/p>\n

Sectors<\/strong><\/font><\/p>\n

Daily Seasonal\/Technical Sector Trends for August 14th<\/sup> 2026<\/p>\n

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Green: Increase from previous day<\/font> <\/i><\/p>\n

Red: Decrease from previous day<\/font><\/i><\/p>\n

<\/font><\/em><\/p>\n

Technical Notes for Friday<\/strong><\/font><\/p>\n

Oil & Gas SPDRs<\/b> (XOP) moved above $180.50 and $180.78 resetting an intermediate uptrend. <\/p>\n

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Volatility Index<\/b> ($VIX) dropped 0.38% to a 2026 low at 14.25%.<\/p>\n

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<\/b><\/p>\n

<\/b><\/p>\n

Copart<\/b> (CPRT) a NASDAQ 100 stock moved above $31.42 setting an intermediate uptrend.<\/p>\n

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Walmart <\/b>(WMT) a Dow Jones Industrial Average stock moved above $116.03 setting an intermediate uptrend. The company reports third quarter results on Thursday.<\/p>\n

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Saputo <\/b>(\\SAP.TO) a TSX 60 stock moved above Cdn$44.87 to an all-time high extending an intermediate uptrend.<\/p>\n

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Links offered by valued providers<\/strong><\/font><\/p>\n

Michael Campbell\u2019s Money Talks for August 15th<\/sup> <\/b><\/p>\n

Michael Campbell\u2019s MoneyTalks \u2013 Complete Show (mikesmoneytalks.ca)<\/a><\/p>\n

Gold’s Breakout Faces One Final Test: Dave Keller<\/b><\/p>\n

Gold’s Breakout Faces One Final Test \u2013 YouTube<\/a><\/p>\n

Retail Sales Shock, Signal No September Rate Hike, Markets Keep Surging, Gold, Silver, Bitcoin: Verified Investing<\/b><\/p>\n

Retail Sales Shock, Signal No September Rate Hike, Markets Keep Surging, Gold, Silver, Bitcoin \u2013 YouTube<\/a><\/p>\n

Tom Lee: S&P 8,000, Then a 10% Pullback: Tom Lee<\/b><\/p>\n

Tom Lee: S&P 8,000, Then a 10% Pullback \u2013 YouTube<\/a><\/p>\n

Gold Has Been in Bull Market for 25 Years, Wilson Says<\/b><\/p>\n

Gold Has Been in Bull Market for 25 Years, Wilson Says \u2013 YouTube<\/a><\/p>\n

Strong Index Returns & the Mask of Internal Churn | Market Snapshot, August 2026: Liz Ann Sonders<\/b><\/p>\n

Strong Index Returns & the Mask of Internal Churn | Market Snapshot, August 2026 \u2013 YouTube<\/a><\/p>\n

Cem Karsan Says the Flows Holding This Market Up Peak Monday. Here Is What Happens After.<\/b><\/p>\n

Cem Karsan Says the Flows Holding This Market Up Peak Monday. Here Is What Happens After. \u2013 YouTube<\/a><\/p>\n

Why September is the worst month of the year for the stock market: Mark Hulbert<\/b><\/p>\n

Why September is the worst month of the year for the stock market \u2013 MarketWatch<\/a><\/p>\n

This Week in Money: Ross Clark, Martin Straith, Josef Schachter<\/b><\/p>\n

https:\/\/www.howestreet.com\/2026\/08\/gold-silver-bitcoin-iran-war-oil-martin-straith-josef-schachter-ross-clark-this-week-in-money\/<\/a><\/p>\n

S&P 500 Momentum Barometers<\/strong><\/font><\/p>\n

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The intermediate term (50 days) Barometer added 1.00 on Friday and gained 4.00 last week to 70.40. It remained Overbought.<\/p>\n

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The short term (20 days) Barometer slipped 1.20 on Friday and gained 3.40 last week to 68.00. It remained Overbought.<\/p>\n

The long term (200 days) Barometer slipped 0.20 on Friday and gained 1.20 last week to 74.40. It remained Overbought.<\/p>\n

TSX Momentum Barometers<\/strong><\/font><\/p>\n

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The intermediate term (50 days) Barometer added 0.69 on Friday and gained 2.28 last week to 66.21. It remained Overbought. Daily trend is up.<\/p>\n

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The short term (20 days) Barometer added 2.74 on Friday and gained 7.76 to 64.38. It changed last week from Neutral to Overbought on a move above 60.00.<\/p>\n

The long term (200 days) Barometer added 0.46 on Friday and gained 0.46 last week to 71.69. It remained Overbought.<\/p>\n

Disclaimer:<\/b> Seasonality ratings and technical ratings offered in this report and at <\/em><\/p>\n

www.equityclock.com<\/em><\/a> 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":"

The Bottom Line Will history repeat? U.S. equity indices have a history of moving lower between the third week in August and the end of September during U.S. Presidential Mid-term Election years. Average drop per period by the Dow Jones Industrial Average since 1950 was 2.1%. Highlight event during the period this year is the […]<\/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-197427","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197427","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=197427"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197427\/revisions"}],"predecessor-version":[{"id":197428,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197427\/revisions\/197428"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}