{"id":198167,"date":"2026-09-15T22:18:20","date_gmt":"2026-09-16T02:18:20","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=198167"},"modified":"2026-09-16T08:49:57","modified_gmt":"2026-09-16T12:49:57","slug":"tech-talk-for-wednesday-september-16th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/09\/15\/tech-talk-for-wednesday-september-16th-2026\/","title":{"rendered":"Tech Talk for Wednesday September 16th 2026"},"content":{"rendered":"<p><em><font size=\"5\"><strong>Pre-opening Comments for Wednesday September 16<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><em><\/em><\/p>\n<p><em><b>U.S. equity index futures were higher this morning<\/b>. S&amp;P 500 futures were up 26 points at 8:35 AM EDT.<\/em><\/p>\n<p><em>S&amp;P 500 futures were unchanged following release of <b>August Retail Sales<\/b> at 8:30 AM EDT. Consensus called for a 0.8% increase versus a 0.6% drop in July. Actual was a 1.2% increase. Excluding auto sales, consensus called for 0.4% increase. Actual was a 1.4% increase.<\/em><\/p>\n<p><em>Focus today is on news from the<b> FOMC meeting<\/b> released at 2:00 PM EDT. Consensus calls for a 0.25% increase in the Fed Fund Rate to 3.75%-4.00%.<\/em><\/p>\n<p><em><b>Trip.com<\/b> (TCOM) added $0.17 to $39.25 after reporting higher than consensus second quarter revenues and earnings. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0011-4.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image001[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image001[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0011_thumb-4.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><b>Brookfield<\/b> (BN.TO) slipped US$0.67 to $39.25 after offering a cash offer to purchase Reliance for A$4.75 per share. Value of the transaction is estimated at US$2.9 billion.<\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0021-3.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002[1]\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image002[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0021_thumb-3.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><em><b>Intel<\/b> added $3.16 to$100.30 on news that the company is in talks with SK Hynix to manufacturing computer chips in the U.S. <\/em><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0031-3.png\"><em><img loading=\"lazy\" decoding=\"async\" title=\"clip_image003[1]\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image003[1]\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image0031_thumb-3.png\" width=\"244\" height=\"152\" \/><\/em><\/a><\/p>\n<p><em><font size=\"5\"><strong>EquityClock\u2019s Market Outlook for September 16<sup>th<\/sup><\/strong><\/font><\/em><\/p>\n<p><b><em>Risks to the foundation of the market heading into the FOMC event. See: <\/em><\/b><\/p>\n<p><a href=\"https:\/\/equityclock.com\/2026\/09\/15\/stock-market-outlook-for-september-16-2026\/\"><em>https:\/\/equityclock.com\/2026\/09\/15\/stock-market-outlook-for-september-16-2026\/<\/em><\/a><\/p>\n<p><b><font size=\"5\"><\/font><\/b><\/p>\n<p><b><font size=\"5\">Technical Notes<\/font><\/b><\/p>\n<p><b>Aerospace and Defense ETF<\/b> (PPA) moved below $159.12 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image001-9.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-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>U.S. Real Estate iShares<\/b> (IYR) moved below $98.70 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image002-8.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-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Goldman Sachs<\/b> (GS) an S&amp;P 100 stock moved below $972.93 completing a double top<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image003-8.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-8.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Morgan Stanley<\/b> (MS) an S&amp;P 100 stock moved below $201.83 completing a double top pattern.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image004-7.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-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Exelon <\/b>(EXC) a NASDAQ 100 stock moved below $44.46 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image005-7.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-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Synopsys <\/b>(SNPS) a NASDAQ 100 stock moved below $366.00 and $365.74 extending a long term downtrend <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image006-7.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-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>National Bank<\/b> (NA.TO) a TSX 60 stock moved below Cdn$208.18 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image007-7.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-7.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Dollarama<\/b> (DOL.TO) a TSX 60 stock moved below Cdn$165.78 extending an intermediate downtrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image008-7.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-7.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><b><\/b><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/traders-corner-sept-16.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"traders corner sept 16\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"traders corner sept 16\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/traders-corner-sept-16_thumb.jpg\" width=\"487\" height=\"176\" \/><\/a><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><font size=\"4\"><b>Equity Indices and Related ETFs<\/b><b><\/b><\/font><\/p>\n<p><b><\/b><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/spx-sept-16.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"spx sept 16\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"spx sept 16\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/spx-sept-16_thumb.jpg\" width=\"479\" height=\"274\" \/><\/a><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><font size=\"4\">Commodities<\/font><\/b><\/p>\n<p><b><\/b><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/crb-sept-16.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"crb sept 16\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"crb sept 16\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/crb-sept-16_thumb.jpg\" width=\"500\" height=\"285\" \/><\/a><\/p>\n<p><i><\/i><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b>     <br \/><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><font size=\"4\">Sectors <\/font><\/b><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/xlk-sept-16.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"xlk sept 16\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"xlk sept 16\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/xlk-sept-16_thumb.jpg\" width=\"464\" height=\"351\" \/><\/a><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b><\/b><\/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>     <br \/><\/b><b>MRKT Call &#8211; Tuesday, September 15<sup>th<\/sup>: Guy Adami, Dan Nathan and Carter Worth<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=GXjGyYRPlJg\">MRKT Call &#8211; Tuesday, September 15th \u2013 YouTube<\/a><\/p>\n<p><b>Trading Places Live, September 15, 2026: Tom Bowley<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=bxoDLWuaCf4\">Trading Places Live, September 15, 2026 \u2013 YouTube<\/a><\/p>\n<p><b>Growth Without AI: 4 Stocks with Compelling Charts: Dave Keller<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=IMsfaIQpqO0\">Growth Without AI: 4 Stocks with Compelling Charts \u2013 YouTube<\/a><\/p>\n<p><b>Dan Niles: We&#8217;re going into a rate hike cycle so don&#8217;t fight the Fed or the bond market<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=zhygs8yEKR8\">Dan Niles: We&#8217;re going into a rate hike cycle so don&#8217;t fight the Fed or the bond market &#8211; YouTube<\/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><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image017.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image017\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image017\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image017_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 2.80 to 35.40. It remained Oversold.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image018.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image018\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image018\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image018_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped 2.00 to 24.20. It remained Oversold.<\/p>\n<p>The long term Barometer dropped 2.80 to 56.20. Daily downtrend was extended. It remained Neutral.<\/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_image019.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image019\" style=\"margin: 0px; display: inline; background-image: none;\" border=\"0\" alt=\"clip_image019\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image019_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer dropped 2.76 to 42.86. It remained Neutral. Daily downtrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image020.png\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image020\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"clip_image020\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/09\/clip_image020_thumb.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer dropped 4.15 to 26.73. It remained Oversold.<\/p>\n<p>The long term Barometer dropped 2.77 to 53.00. It remained Neutral. Daily downtrend was extended. <\/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 16th U.S. equity index futures were higher this morning. S&amp;P 500 futures were up 26 points at 8:35 AM EDT. S&amp;P 500 futures were unchanged following release of August Retail Sales at 8:30 AM EDT. Consensus called for a 0.8% increase versus a 0.6% drop in July. Actual was a [&hellip;]<\/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-198167","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/198167","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=198167"}],"version-history":[{"count":2,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/198167\/revisions"}],"predecessor-version":[{"id":198175,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/198167\/revisions\/198175"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=198167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=198167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=198167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}