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May 13, 2023 | Tech Talk for Saturday May 13th 2023

Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

Prices for most world equity indices recorded small losses last week, typical of historic technical action early in May after most first quarter reports have been released. Analysts take a closer look at projections for the remainder of the year and adjust their earnings and revenue estimates accordingly. This year, they are taking a more cautious approach: Earnings and revenue estimates were reduced again last week.

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May 13th, 2023

Posted In: Tech Talk

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