{"id":197984,"date":"2026-09-08T20:06:15","date_gmt":"2026-09-09T00:06:15","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=197984"},"modified":"2026-09-09T08:50:52","modified_gmt":"2026-09-09T12:50:52","slug":"tech-talk-for-wednesday-september-9th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/09\/08\/tech-talk-for-wednesday-september-9th-2026\/","title":{"rendered":"Tech Talk for Wednesday September 9th 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Wednesday September 9<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><b>U.S. equity index futures were lower this morning<\/b>. S&amp;P 500 futures were down 29 points at 8:30 AM EDT. Index futures responded to another $2.20 increase in WTI crude oil prices to $95.23 barrel. <\/em><\/p>\n<p><em><b>The Canadian Dollar <\/b>slipped to US72.59 cents after President Trump signed orders to ban the importation of many Canadian dairy products, alcoholic beverages and motorcycles in retaliation for Canadian tariffs that took effect yesterday.<\/em><\/p>\n<p><em><b>Meta Platform<\/b> (META) added $32.50 to $645.99 after launch of its AI Assistant Muse<\/em>.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0014-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[4]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[4]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0014_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for September 9<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>The technicals of Home Construction stocks are starting to look similar to the period that led into the Great Financial Crisis (and housing market collapse) in 2008\/09. See:<\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/09\/08\/stock-market-outlook-for-september-9-2026\/\"><em>https:\/\/equityclock.com\/2026\/09\/08\/stock-market-outlook-for-september-9-2026\/<\/em><\/a><\/p>\n<p><b><font size=\"5\">Technical Notes<\/font><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b>Base Metals ETN<\/b> (DBB) moved above $25.84 resuming an intermediate uptrend. Seasonal influences are favourable on a real and relative basis (relative to the S&amp;P 500) until October 27<sup>th<\/sup>. See seasonality chart at <a href=\"http:\/\/www.EquityClock.com\">www.EquityClock.com<\/a> <b>Base metals ETFs<\/b> (XBM.TO in Canada and PICK in the U.S.) also recorded significant gains. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image001-4.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\/09\/clip_image001_thumb-4.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Oracle<\/b> (ORCL) an S&amp;P 100 stock moved above $159.26 setting an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image002-3.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\/09\/clip_image002_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>DR Horton<\/b> (DHI) a NASDAQ 100 stock moved below $138.42 setting an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image003-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image003_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Costco<\/b> (COST) an S&amp;P 100 stock moved below $905.77 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image004-2.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\/09\/clip_image004_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Mondelez <\/b>(MDLZ) an S&amp;P 100 stock moved below $60.65 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image005-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image005\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image005\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image005_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>United Parcel Service<\/b> (UPS) an S&amp;P 100 stock moved below $101.22 setting an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image006-2.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\/09\/clip_image006_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>     <br \/><\/b><\/p>\n<p><b><\/b><\/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-9.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"traders corner sept 9\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"traders corner sept 9\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/traders-corner-sept-9_thumb.jpg\" width=\"244\" height=\"87\" \/><\/a><\/font><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p><b>Equity Indices and Related ETFs<\/b><\/p>\n<p><strong><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/spx-sept-9.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"spx sept 9\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"spx sept 9\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/spx-sept-9_thumb.jpg\" width=\"244\" height=\"140\" \/><\/a><\/strong><\/p>\n<p><b>     <br \/><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b>Commodities<\/b><\/p>\n<p><strong><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/crb-sept-9.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"crb sept 9\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"crb sept 9\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/crb-sept-9_thumb.jpg\" width=\"244\" height=\"145\" \/><\/a><\/strong><\/p>\n<p><b>Sectors <\/b><\/p>\n<p><strong><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/xlk-seot-9.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"xlk seot 9\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"xlk seot 9\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/xlk-seot-9_thumb.jpg\" width=\"244\" height=\"171\" \/><\/a><\/strong><\/p>\n<p><b>     <br \/><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><font size=\"5\">Links offered by valued providers<\/font><\/b><\/p>\n<p><b>Oil Forces Yields Higher Ahead Of Fed, Markets Sell; But Tech Shows Strength, Here Are The Trade: Verified Investing.<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=jPv7eOuR94w\">https:\/\/www.youtube.com\/watch?v=jPv7eOuR94w<\/a><\/p>\n<p><b>Trading Places Live, September 8, 2026: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=cCCjGUl0hgg\">https:\/\/www.youtube.com\/watch?v=cCCjGUl0hgg<\/a><\/p>\n<p><b>The Hindenburg Omen Keeps Firing in 2026, Should You Worry? Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=T0b8Gard-us\">https:\/\/www.youtube.com\/watch?v=T0b8Gard-us<\/a><\/p>\n<p><b>MRKT Call &#8211; Tuesday, September 8<sup>th<\/sup>: Guy Adami and Dan Nathan<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=yFl7jPOCwsQ\">https:\/\/www.youtube.com\/watch?v=yFl7jPOCwsQ<\/a><\/p>\n<p><b>Market Call: Eric Nuttall\u2019s Outlook on the pressures around energy stocks:<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=HGXxBFjEKJk\">Market Call: Eric Nuttall\u2019s Outlook on the pressures around energy stocks \u2013 YouTube<\/a><\/p>\n<p><b>What to expect from Canada&#8217;s banks after strong Q3 earnings: BNN<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=KAidj-jBcqA\">What to expect from Canada&#8217;s banks after strong Q3 earnings \u2013 YouTube<\/a><\/p>\n<p><b>CHART THIS with Dave Keller Tuesday 9\/8\/26: Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=7OyGHjaUR1Q\">https:\/\/www.youtube.com\/watch?v=7OyGHjaUR1Q<\/a><\/p>\n<p><b>     <br \/><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><font size=\"5\">S&amp;P 500 Momentum Barometers<\/font><\/b><\/p>\n<p><b><\/b><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image007-2.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image007\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image007\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image007_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped another 4.60 to 43.20. It remained Neutral. Daily downtrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image008-2.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\/09\/clip_image008_thumb-2.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer plunged 8.60 to 27.80. It remained Oversold. Daily downtrend was extended.<\/p>\n<p>The long term Barometer dropped 4.40 to 62.20. It remained Overbought. Daily downtrend was extended. <\/p>\n<p><b><font size=\"5\">TSX Momentum Barometers<\/font><\/b><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image009-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image009\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image009\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image009_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate Barometer dropped 5.50 to 50.00. It remained Neutral.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image010-1.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image010\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image010\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image010_thumb-1.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped 5.05 to 44.04. It remained Neutral.<\/p>\n<p>The long term Barometer dropped 3.21 to 65.14. 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 Wednesday September 9th U.S. equity index futures were lower this morning. S&amp;P 500 futures were down 29 points at 8:30 AM EDT. Index futures responded to another $2.20 increase in WTI crude oil prices to $95.23 barrel. The Canadian Dollar slipped to US72.59 cents after President Trump signed orders to ban the [&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-197984","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197984","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=197984"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197984\/revisions"}],"predecessor-version":[{"id":197988,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/197984\/revisions\/197988"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=197984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=197984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=197984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}