Tech Talk for Wednesday April 16th 2025

U.S. equity index futures were lower this morning. S&P 500 futures were down 40 points at 8:35 AM EDT.

S&P 500 futures were unchanged following release of March U.S. Retail Sales at 8:30 AM EDT. Consensus was a 1.3% increase versus a 0.2% gain in February. Actual was a 1.4% gain. Excluding auto sales, consensus was a 0.4% increase versus a 0.2% gain in February. Actual was a 0.5% gain.

Netflix advanced $5.11 to $981.39 after reporting higher than consensus first quarter revenues.

Interactive Brokers dropped $9.92 to $163.51 after reporting less than consensus first quarter earnings.

Omnicom Group dropped $2.75 to $74.08 after reporting less than consensus first quarter earnings.

Nvidia dropped $3.94 to $108.26 following a $5.5 billion charge resulting from the U.S. government's block of H20 chip sales to China.

EquityClock's Market Outlook for April 16th

A number of traditional buy signals for stocks have been triggered. See:

https://equityclock.com/2025/04/15/stock-market-outlook-for-april-16-2025/

Technical Notes

TSX Materials iShares $XMA.TO moved above Cdn$25.71 to an all-time high extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 15th 2025

Green: Increase from previous day

Red: Decrease from previous day

Source for all positive seasonality ratings: www.EquityClock.com

Commodities

Daily Seasonal/Technical Commodities Trends for April 15th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 15th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Could This Be the Start of a Bigger Drop? Bearish Phase CONFIRMED: Dave Keller

https://www.youtube.com/watch?v=rLjwTZsOSc4

The Big & Small Moves for Stocks, Gold, Silver, Miners: TheTechnicalTraders

https://www.youtube.com/watch?v=FZDXB7ri_Tc

Investors Are The Most Bearish In 30 Years. Time To Buy Stocks? Guy Adami and Dan Nathan

https://www.youtube.com/watch?v=DpFXglq_mlI

Market Expectations vs. Reality: Cameron Dawson on 2025 Outlook, Tariffs, Fed, and Volatility: Cameron Dawson

https://www.youtube.com/watch?v=49nD8CEIsqI

S&P 500 Momentum Barometers

The intermediate term Barometer slipped 0.40 to 26.20. It remains Oversold.

The long term Barometer slipped 0.20 to 31.60. It remains Oversold.

TSX Momentum Barometers

The intermediate term Barometer added 3.21 to 37.61. It remains Oversold. Daily uptrend was extended.

The long term Barometer added 2.75 to 43.58. It remains Neutral. Daily uptrend was extended.

Disclaimer: Seasonality ratings and technical ratings offered in this report and at

www.equityclock.com 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.