ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
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).
September 23rd, 2023 | Tech Talk for Saturday September 23rd 2023
Tech Talk - The Bottom Line North American equity indices and related stocks are closely following their weakest period of the year from the second week in September to the second week in October. Broadly based U.S. equity indices completed Double Top or Head & Shoulders patterns (including a double top pattern the Dow Jones Industrial Average on […]
September 16th, 2023 | Tech Talk for Saturday September 16th 2023
Tech Talk - The Bottom Line History suggests that short term caution is warranted for a new investment in North American equity markets. According to www.EquityClock.com , “The weakest time of year for stocks is at our doorstep, encompassing the final weeks in the third quarter. Between September 19th and the last day of the month on September […]
September 9th, 2023 | Tech Talk for Saturday September 9th 2023
Tech Talk - The Bottom Line Lots of “noise” bothering North American equity markets this week! Possible autoworker strikes in Canada and U.S. starting September 14th. Bargaining positions between the union and companies remain wide. Possible shut down of the U.S. government by Congress if unable to reach a deficit limit agreement before the end of September. The […]
September 2nd, 2023 | Tech Talk for Saturday September 2nd 2023
Tech Talk - The Bottom Line A word of caution! North American equity indices have a history of reaching a short term peak near the middle of September followed by the weakest period in the year to the second week in October. Charts on the S&P 500 Index and Dow Jones Industrial Average show a similar pattern.
August 26th, 2023 | Tech Talk for Saturday August 26th 2023
Tech Talk - The Bottom Line High and rising interest rates on long term North American Treasuries have “put a lid” on North American equity markets. Comments by Federal Reserve Chairman Powell on Friday echoed comments by the Bank of Canada that central banks in North America are “prepared to raise rates further”. The stage is set for […]
August 19th, 2023 | Tech Talk for Saturday August 19th 2023
Tech Talk - The Bottom Line Intermediate swing traders looking for continuation of an upward trend by North American equity markets were rewarded for their patience last week. The S&P 500 Index at 4,369 moved closer to technical support near 4,200. The TSX Composite Index at 19,818 moved closer to technical support near 19,400.
August 12th, 2023 | Tech Talk for Saturday August 12th 2023
Tech Talk - The Bottom Line Now is the time for intermediate swing traders to become patient! Led by the “Magnificent Seven” big cap technology stocks, U.S. equity indices came under short term trading profit taking pressures last week. Intermediate term and long term momentum data available at the end of this report shows that the S&P 500 […]
August 5th, 2023 | Tech Talk for Saturday August 5th 2023
Tech Talk - The Bottom Line North American equity indices reached an intermediate peak on or about July 27th. Thereafter, volatility increased significantly as prices moved lower. The period for increased volatility in North American equity markets has arrived. Intermediate downside risks exists between now and mid-October.