{"id":199071,"date":"2026-10-29T19:30:19","date_gmt":"2026-10-29T23:30:19","guid":{"rendered":"https:\/\/timingthemarket.ca\/techtalk\/?p=199071"},"modified":"2026-10-29T19:30:19","modified_gmt":"2026-10-29T23:30:19","slug":"tech-talk-for-friday-october-30th-2026","status":"publish","type":"post","link":"https:\/\/timingthemarket.ca\/techtalk\/2026\/10\/29\/tech-talk-for-friday-october-30th-2026\/","title":{"rendered":"Tech Talk for Friday October 30th 2026"},"content":{"rendered":"<p><b><font size=\"5\">Technical Notes<\/font><\/b><\/p>\n<p><b><\/b><\/p>\n<p><b>Amazon<\/b> (AMZN) moved below $244.30 completing a double top pattern. The stock dropped another $16.76 to $227.46 after the close after reporting third quarter revenues and earnings less than consensus.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image001-13.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\/10\/clip_image001_thumb-13.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Alphabet<\/b> (GOOG) moved below $314.70 completing a double top pattern. Weakness was in response to less than consensus third quarter results.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image002-12.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\/10\/clip_image002_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>NASDAQ Biotechnology iShares<\/b> (IBB) moved above $217.11 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image003-11.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\/10\/clip_image003_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Old Dominion Freight Lines<\/b> (ODFL) a NASDAQ 100 stock moved below $169.65 extending an intermediate downtrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image004-12.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\/10\/clip_image004_thumb-12.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Scotia Bank<\/b> (BNS.TO) a TSX 60 stock moved above Cdn$133.31 to an all-time high extending an intermediate uptrend.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image005-11.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\/10\/clip_image005_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p><b>Power Corp<\/b> (POW.TO) a TSX 60 stock moved above Cdn$96.96 to an all-time high extending an intermediate uptrend. <\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image006-11.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\/10\/clip_image006_thumb-11.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><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/traders-corner-oct-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"traders corner oct 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"traders corner oct 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/traders-corner-oct-30_thumb.jpg\" width=\"244\" height=\"101\" \/><\/a><\/strong><\/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\">Equity Indices and Related ETFs<\/font><\/b><\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/spx-oct-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"spx oct 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"spx oct 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/spx-oct-30_thumb.jpg\" width=\"244\" height=\"138\" \/><\/a>      <br \/><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\">Commodities<\/font><\/b><\/p>\n<p><strong><font size=\"4\"><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/crb-oct-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"crb oct 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"crb oct 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/crb-oct-30_thumb.jpg\" width=\"244\" height=\"143\" \/><\/a><\/font><\/strong><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\"><\/font><\/b><\/p>\n<p><b><font size=\"4\">Sectors<\/font> <\/b><\/p>\n<p><b><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/xlk-oct-30.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"xlk oct 30\" style=\"display: inline; background-image: none;\" border=\"0\" alt=\"xlk oct 30\" src=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/xlk-oct-30_thumb.jpg\" width=\"244\" height=\"181\" \/><\/a><\/b><\/p>\n<p><b>     <br \/><\/b><\/p>\n<p><b><\/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>November Could Be the Market\u2019s Best Month! Tom Bowley<\/b><\/p>\n<p><b>Notice his comments on seasonality (short term and long term). <\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=5b_r83NT1aQ\">November Could Be the Market\u2019s Best Month! \u2013 YouTube<\/a><\/p>\n<p><b>Tiff Macklem: Why Canada\u2019s Inflation Fight Isn\u2019t Over:<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=XINJx-Qe6P4\">Tiff Macklem: Why Canada\u2019s Inflation Fight Isn\u2019t Over \u2013 YouTube<\/a><\/p>\n<p><b>Fed still on track for December hike? Here&#8217;s what to know: Steve Leisman<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=bGfGT1O4wRg\">Fed still on track for December hike? Here&#8217;s what to know \u2013 YouTube<\/a><\/p>\n<p><b>MRKT Call &#8211; Thursday, October 29<sup>th<\/sup>: Dan Nathan and Danny Moses<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=TmYKVJcStQY\">https:\/\/www.youtube.com\/watch?v=TmYKVJcStQY<\/a><\/p>\n<p><b>Earnings Earthquake As GOOGL, NOW, CAT Collapse, PCE Inflation Data Hits, Panic Creeps Back In: Verified Investing<\/b><\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=4IkMC6dcFEA\">https:\/\/www.youtube.com\/watch?v=4IkMC6dcFEA<\/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\/10\/clip_image007-11.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\/10\/clip_image007_thumb-11.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 7.00 to 65.80. It changed from Neutral to Overbought on a move above 60.00. Daily uptrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image008-9.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\/10\/clip_image008_thumb-9.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term (20 days) Barometer added 5.20 to 75.80. It remained Overbought. Daily uptrend was extended.<\/p>\n<p>The long term Barometer added 4.40 o 65.40. It remained Overbought. Daily uptrend was extended.<\/p>\n<p><b><font size=\"5\">TSX Momentum Barometers<\/font><\/b><\/p>\n<p><b><\/b><\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image009-6.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\/10\/clip_image009_thumb-6.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The intermediate term Barometer added 3.26 to 54.42. It remained Neutral. Daily uptrend was extended.<\/p>\n<p><a href=\"https:\/\/timingthemarket.ca\/techtalk\/wp-content\/uploads\/2026\/10\/clip_image010-5.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\/10\/clip_image010_thumb-5.png\" width=\"244\" height=\"152\" \/><\/a><\/p>\n<p>The short term Barometer added 1.40 to 58.14. It remained Neutral.<\/p>\n<p>The long term Barometer dropped 0.47 to 50.23. It remained Neutral.<\/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>Technical Notes Amazon (AMZN) moved below $244.30 completing a double top pattern. The stock dropped another $16.76 to $227.46 after the close after reporting third quarter revenues and earnings less than consensus. Alphabet (GOOG) moved below $314.70 completing a double top pattern. Weakness was in response to less than consensus third quarter results. NASDAQ Biotechnology [&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-199071","post","type-post","status-publish","format-standard","hentry","category-reports"],"_links":{"self":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/199071","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=199071"}],"version-history":[{"count":1,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/199071\/revisions"}],"predecessor-version":[{"id":199072,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/posts\/199071\/revisions\/199072"}],"wp:attachment":[{"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/media?parent=199071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/categories?post=199071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timingthemarket.ca\/techtalk\/wp-json\/wp\/v2\/tags?post=199071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}