{"id":197737,"date":"2026-08-27T22:13:36","date_gmt":"2026-08-28T02:13:36","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197737"},"modified":"2026-08-31T08:42:42","modified_gmt":"2026-08-31T12:42:42","slug":"tech-talk-for-friday-august-28th-2026-2","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/08\/27\/tech-talk-for-friday-august-28th-2026-2\/","title":{"rendered":"Tech Talk for Friday August 28th 2026"},"content":{"rendered":"

Pre-opening Comments for Monday August 31st<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were lower this morning<\/b>. S&P 500 futures were down 23 points at 8:30 AM EDT.<\/em><\/p>\n

Index futures responded to higher crude oil prices.<\/b> WTI crude oil jumped $2.99 to US$86.39 per barrel in overnight trade. <\/em><\/p>\n

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EquityClock\u2019s Market Outlook for August 31st<\/sup><\/strong><\/font><\/em><\/p>\n

The S&P 500 Index has lost 0.7%, on average, in September during the past 50-years with a frequency of gains for the month at a mere 46%. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/08\/28\/stock-market-outlook-for-august-31-2026\/<\/em><\/a><\/p>\n

Technical Scoop<\/font> for August 31st<\/sup> from David Chapman and <\/strong><\/font><\/em>www.EnrichedInvesting.com<\/strong><\/font><\/em><\/a><\/p>\n

Stagflation possible, Canada strong, crisis continued, market wobble, rate fall, Dollar up, temporary whack<\/b>. See:<\/em><\/p>\n

https:\/\/enrichedinvesting.com\/library\/<\/em><\/a><\/p>\n

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

Pre-opening Comments for Friday August 28th<\/sup><\/strong><\/font><\/em><\/p>\n

U.S. equity index futures were higher this morning.<\/b> S&P 500 futures were up 8 points at 8:30 AM EDT.<\/em><\/p>\n

Canada\u2019s GDP rose 2.0% year-over-year in June. <\/em><\/b><\/p>\n

Federal Reserve Chairman Warsh<\/b> is scheduled to speak at 10:00 AM EDT at the Jackson Hole Symposium.<\/em><\/p>\n

Workday <\/b>(WDAY) added $4.47 to $198.04 after reporting higher than consensus fiscal second quarter results. <\/em><\/p>\n

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Gap <\/b>(GAP) <\/b>added $1.70 to $22.50 after reporting higher than consensus fiscal second quarter results.<\/em><\/p>\n

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Marvell<\/b> (MRVL) dropped $13.56 to $227.89 despite reporting higher than consensus second quarter results. <\/em><\/p>\n

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Affirm Holdings<\/b> (AFRM) added $6.01 to $83.50 after reporting higher than consensus fiscal fourth quarter results.<\/em><\/p>\n

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EquityClock\u2019s Market Outlook for August 28th<\/sup><\/strong><\/font> <\/em>
Technology\u2019s turn in the rotation. See: <\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/08\/27\/stock-market-outlook-for-august-28-2026\/<\/em><\/a><\/p>\n

Mark Leibovit\u2019s Comment<\/strong><\/font><\/em><\/p>\n

Mark Leibovit: Bond Market Going Down Due to US Debt – Aug. 27, 2026<\/em><\/b><\/p>\n

https:\/\/talkdigitalnetwork.substack.com\/p\/mark-leibovit-bond-market-going-down<\/em><\/a><\/p>\n

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

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

AutoDesk <\/b>(ADSK) a NASDAQ 100 stock moved above $264.75 extending an intermediate uptrend. <\/p>\n

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Okta<\/b> (OKTA) a NASDAQ 100 stock moved above $157.00 extending an intermediate uptrend. <\/p>\n

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Data General<\/b> (DG) a NASDAQ 100 stock moved above $131.25 extending an intermediate uptrend.<\/p>\n

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Salesforce.com<\/b> (CRM) a Dow Jones Industrial Average stock moved above $210.80 extending an intermediate uptrend.<\/p>\n

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Take Two Interactive<\/b> (TTWO) a NASDAQ 100 stock moved below $228.20 completing a double top pattern.<\/p>\n

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McDonalds<\/b> (MCD) a Dow Jones Industrial Average stock moved below $201.96 extending an intermediate downtrend.<\/p>\n

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

Bull Market SURGE As Nvidia, Salesforce and Crowdstrike BLAST! Watch For This Mega Money Rotation: Verified Investing<\/b><\/p>\n

Bull Market SURGE As Nvidia, Salesforce and Crowdstrike BLAST! Watch For This Mega Money Rotation \u2013 YouTube<\/a><\/p>\n

The Market Is Flat. So Where Is the Money Going? Tom Bowley<\/b><\/p>\n

The Market Is Flat. So Where Is the Money Going? \u2013 YouTube<\/a><\/p>\n

Nvidia, Salesforce, CrowdStrike: One Wild Night of Earnings Guy Adami, Dan Nathan<\/b><\/p>\n

Nvidia, Salesforce, CrowdStrike: One Wild Night of Earnings \u2013 YouTube<\/a><\/p>\n

Market Call: David Burrows’ outlook on North American Large Caps (Aug. 27, 2026)<\/b><\/p>\n

Market Call: David Burrows’ outlook on North American Large Caps (Aug. 27, 2026) \u2013 YouTube<\/a><\/p>\n

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

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The intermediate term Barometer dropped 5.20 to 54.00. It remained Neutral. Daily downtrend was extended.<\/p>\n

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The short term (20 days) Barometer dropped 9.20 to 45.40. It remained Neutral.<\/p>\n

The long term Barometer dropped 2.00 to 70.40. It remained Overbought. Daily downtrend was established.<\/p>\n

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

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The intermediate term Barometer<\/b> was unchanged at 54.79. It remained Neutral.<\/p>\n

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The short term (20 days) Barometer<\/b> added 5.02 to 50.68. It remained Neutral.<\/p>\n

The long term Barometer<\/b> dropped 1.83 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":"

Pre-opening Comments for Monday August 31st U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points at 8:30 AM EDT. Index futures responded to higher crude oil prices. WTI crude oil jumped $2.99 to US$86.39 per barrel in overnight trade. EquityClock\u2019s Market Outlook for August 31st The S&P 500 Index […]<\/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-197737","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197737","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=197737"}],"version-history":[{"count":3,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197737\/revisions"}],"predecessor-version":[{"id":197774,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197737\/revisions\/197774"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}