{"id":197883,"date":"2026-09-02T20:08:22","date_gmt":"2026-09-03T00:08:22","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197883"},"modified":"2026-09-03T08:47:04","modified_gmt":"2026-09-03T12:47:04","slug":"tech-talk-for-thursday-september-3rd-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/09\/02\/tech-talk-for-thursday-september-3rd-2026\/","title":{"rendered":"Tech Talk for Thursday September 3rd 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Thursday September 3<sup>rd<\/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 15 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 U.S. Trade Deficit<\/b> report at 8:30 AM EDT. Consensus called for a $90.0 billion deficit versus a $73.3 billion deficit in June. Actual was a $88.6 billion deficit <\/em><\/p>\n<p><em><b>Broadcom <\/b>(AVGO) dropped $18.24 to $349.00 after issuing fiscal fourth quarter guidance below consensus. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image001-1.png\"><em><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\/09\/clip_image001_thumb-1.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Snowflake <\/b>(SNOW)<b> <\/b>added $61.81 to $368.00 after reporting higher than consensus second quarter results. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image002-1.png\"><em><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\/09\/clip_image002_thumb-1.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Victoria\u2019s Secret<\/b> (VSXY) dropped $16.31 to $68.50 after issuing a less than consensus outlook.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image003-1.png\"><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\/09\/clip_image003_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><font size=\"5\"><strong>Technical Notes<\/strong><\/font><\/p>\n<p><b>Commodity iShares<\/b> (GSG) moved above $34.94 to a 13 year high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Global Agriculture iShares<\/b> (COW.TO) moved above Cdn$76.18 and Cdn$76.32 to a 13 year high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-1.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Wells Fargo<\/b> (WFC) an S&amp;P 100 stock moved above $89.66 extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-2.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Monster Beverages<\/b> (MNST) a NASDAQ 100 stock moved below $44.75 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-3.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Data dog<\/b> (DDOG) a NASDAQ 100 stock moved below $212.73 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-4.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-4.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b>Applied Materials<\/b> (AMAT) a NASDAQ 100 stock moved below $435.86 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-5.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-5.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p><b><font size=\"5\">Trader\u2019s Corner<\/font><\/b><\/p>\n<p><strong><font size=\"5\"><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/traders-corner-sept-3.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"traders corner sept 3\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"traders corner sept 3\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/traders-corner-sept-3_thumb.jpg\" width=\"244\" height=\"84\" \/><\/a><\/font><\/strong><\/p>\n<p><strong><font size=\"5\"><\/font><\/strong><\/p>\n<p><b><font size=\"4\">Equity Indices and Related ETFs<\/font><\/b><\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/spx-sept-3.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"spx sept 3\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"spx sept 3\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/spx-sept-3_thumb.jpg\" width=\"244\" height=\"136\" \/><\/a><\/b><\/p>\n<p><b>     <br \/><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><font size=\"4\">Commodities<\/font><\/b><\/p>\n<p><strong><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/crb-sept-3.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"crb sept 3\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"crb sept 3\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/crb-sept-3_thumb.jpg\" width=\"244\" height=\"142\" \/><\/a><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><b><font size=\"4\">Sectors <\/font><\/b><\/p>\n<p><font size=\"4\"><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/xlk-sept-3.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"xlk sept 3\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"xlk sept 3\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/xlk-sept-3_thumb.jpg\" width=\"244\" height=\"174\" \/><\/a><\/font><\/p>\n<p><font size=\"4\"><\/font><\/p>\n<p><font size=\"5\"><strong>Links offered by valued providers<\/strong><\/font><\/p>\n<p><b>The Only 2 Magnificent Seven Charts Still Working: Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=4RNB4Y94C3c\">https:\/\/www.youtube.com\/watch?v=4RNB4Y94C3c<\/a><\/p>\n<p><b>MRKT Call &#8211; Wednesday, September 2<sup>nd<\/sup>: Guy Adami and Dan Nathan<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=8lSZyf_aOHQ\">https:\/\/www.youtube.com\/watch?v=8lSZyf_aOHQ<\/a><\/p>\n<p><b>Yields Slammed Down Off Resistance As Oil Drops, Market Rally On Tap, Gold Likely To Bounce: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=_DF2gXvPdbo\">https:\/\/www.youtube.com\/watch?v=_DF2gXvPdbo<\/a><\/p>\n<p><b>ADX and RSI Do Different Jobs. Here\u2019s How to Use Them Together: Joe Rabil<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=oua5tTwOowU\">ADX and RSI Do Different Jobs. Here\u2019s How to Use Them Together \u2013 YouTube<\/a><\/p>\n<p><b>The Hidden Story Under This Earnings Season: Single-Stock Dispersion<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=8lSZyf_aOHQ\">The Hidden Story Under This Earnings Season: Single-Stock Dispersion \u2013 YouTube<\/a><\/p>\n<p><b>Bank of Canada holds key interest rate at 2.25%: BNN<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=5VYoNuQX0aY\">Bank of Canada holds key interest rate at 2.25% \u2013 YouTube<\/a><\/p>\n<p><b>Beyond The Mag 7 \u2013 Positioning For Earnings Peaking and Yields Rising \u2013 Liz Ann Sonders<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=Fyz8UT1MlMY\">Beyond The Mag 7 \u2013 Positioning For Earnings Peaking and Yields Rising \u2013 Liz Ann Sonders \u2013 YouTube<\/a><\/p>\n<p><b>Markets set to enter historically weak months: BNN<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=yVp4h-Z-PWk\">Markets set to enter historically weak months \u2013 YouTube<\/a><\/p>\n<p><font size=\"5\">S&amp;P 500 Momentum Barometers<\/font><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-6.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-6.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 1.60 to 48.40. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-7.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-7.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 5.40 to 38.60. It remained Oversold.<\/p>\n<p>The long term Barometer added 0.60 to 66.00. 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\/09\/image-8.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-8.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 1.38 to 50.00. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image-9.png\"><img loading=\"lazy\" decoding=\"async\" title=\"image\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"image\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/image_thumb-9.png\" width=\"244\" height=\"153\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 5.05 to 36.24. It remained Oversold.<\/p>\n<p>The long term Barometer added 0.46 to 63.30. 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>Pre-opening Comments for Thursday September 3rd U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 15 points at 8:35 AM EDT. S&amp;P 500 futures added 1 point following release of the July U.S. Trade Deficit report at 8:30 AM EDT. Consensus called for a $90.0 billion deficit versus a $73.3 billion [&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-197883","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197883","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=197883"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197883\/revisions"}],"predecessor-version":[{"id":197891,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197883\/revisions\/197891"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}