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May 20, 2023 | Tech Talk for Saturday May 20th 2023
Don Vialoux
Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. 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
Lots of noise, typical for the month of May and the first three weeks of June! On the positive side, any stock remotely connected to Artificial Intelligence soared last week. The S&P 500 Index and NASDAQ 100 Index briefly touched nine month highs on Friday thanks to their technology equity content connected to AI.
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Don Vialoux May 20th, 2023
Posted In: Tech Talk
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