{"id":197916,"date":"2026-09-03T23:11:35","date_gmt":"2026-09-04T03:11:35","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197916"},"modified":"2026-09-04T08:26:38","modified_gmt":"2026-09-04T12:26:38","slug":"tech-talk-for-friday-september-4th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/09\/03\/tech-talk-for-friday-september-4th-2026\/","title":{"rendered":"Tech Talk for Friday September 4th 2026"},"content":{"rendered":"

Pre-opening Comments for Friday September 4th<\/sup><\/strong><\/font><\/em><\/p>\n

S&P 500 futures<\/b> were unchanged at 8:15 AM EDT prior to release of the U.S. August Employment Report at 8:30 AM EDT.<\/em><\/p>\n

The Canadian Dollar<\/b> was unchanged at US72.47 cents at 8:15 AM prior to release of Canada\u2019s August Employment Report at 8:30 AM EDT.<\/em><\/p>\n

The Magnificent Seven ETF<\/b> (MAGS) is expected to open above $71.16 to an all-time-high following favourable comments by Jim Cramer last night on \u201cMad Money\u201d<\/em><\/p>\n

\"clip_image001[1]\"<\/em><\/a><\/p>\n

Lulu lemon<\/b> (LULU) dropped $20.82 to $100.94 after reporting less than consensus second quarter results. The company also lowered guidance for the remainder of the year. <\/em><\/p>\n

\"clip_image002[1]\"<\/em><\/a><\/p>\n

Docusign <\/b>(DOCU) gained $3.03 to $69.00 after reporting higher than consensus second quarter results. <\/em><\/p>\n

\"clip_image003[1]\"<\/em><\/a><\/p>\n

U.S. and Canadian equity markets are closed on Monday for the Labor Day Holiday<\/font><\/b>.<\/em><\/p>\n

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

EquityClock\u2019s Market Outlook for September 4th<\/sup><\/strong><\/font><\/em><\/p>\n

A weak payroll report could be positive for stocks if it shifts focus in the market towards the employment component of the Fed\u2019s mandate. See:<\/em><\/b><\/p>\n

https:\/\/equityclock.com\/2026\/09\/03\/stock-market-outlook-for-september-4-2026\/<\/em><\/a><\/p>\n

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

United States Oil Fund<\/b> (USO) moved above $142.33 resuming an intermediate uptrend.<\/p>\n

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Steel ETF<\/b> (SLX) moved above $110.95 resuming an intermediate uptrend. <\/p>\n

\"clip_image002\"<\/a><\/p>\n

Meta Platforms<\/b> (META) an S&P 100 stock moved above $612.43 completing a double bottom pattern.<\/p>\n

\"clip_image003\"<\/a><\/p>\n

NetEase<\/b> (NTES) an S&P 100 stock moved below $$118.33 completing a double top pattern.<\/p>\n

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

\"traders<\/a><\/strong><\/p>\n

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

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

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

\"spx<\/a><\/strong><\/p>\n

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

\"crb<\/a><\/strong><\/p>\n

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

\"xlk<\/a><\/font><\/p>\n

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

<\/strong><\/i><\/p>\n

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

We believe the Fed is willing to tolerate inflation at these levels: JPMorgan’s Jacob Manoukian<\/b><\/p>\n

We believe the Fed is willing to tolerate inflation at these levels: JPMorgan’s Jacob Manoukian \u2013 YouTube<\/a><\/p>\n

Dollar-Yen Collapse, Oil Keeps Pushing Into Key Jobs Report As Investors Trade Stocks, Gold, Bitcoin: Verified Investing<\/b><\/p>\n

Dollar-Yen Collapse, Oil Keeps Pushing Into Key Jobs Report As Investors Trade Stocks, Gold, Bitcoin \u2013 YouTube<\/a><\/p>\n

CHART THIS with Dave Keller Thursday 9\/3\/26: Dave Keller<\/b><\/p>\n

https:\/\/www.youtube.com\/watch?v=R9l2O2bhmgs<\/a><\/p>\n

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

\"clip_image005\"<\/a><\/p>\n

The intermediate term Barometer added 2.80 to 51.00. It remained Neutral.<\/p>\n

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The short term (20 days) Barometer jumped 8.40 to 47.00. It changed from Oversold to Neutral on a recovery above 40.00.<\/p>\n

The long term Barometer added 2.20 to 68.20. It remained Overbought.<\/p>\n

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

\"clip_image007\"<\/a><\/p>\n

The intermediate term Barometer added 4.13 to 54.13. It remained Neutral.<\/p>\n

\"clip_image008\"<\/a><\/p>\n

The short term (20 days) Barometer jumped 11.93 to 48.17. It changed from Oversold to Neutral <\/p>\n

on a recovery above 40.00.<\/p>\n

The long term Barometer added 5.05 to 68.35. It remained Overbought.<\/p>\n

<\/b><\/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 Friday September 4th S&P 500 futures were unchanged at 8:15 AM EDT prior to release of the U.S. August Employment Report at 8:30 AM EDT. The Canadian Dollar was unchanged at US72.47 cents at 8:15 AM prior to release of Canada\u2019s August Employment Report at 8:30 AM EDT. The Magnificent Seven ETF […]<\/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-197916","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197916","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=197916"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197916\/revisions"}],"predecessor-version":[{"id":197924,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197916\/revisions\/197924"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}