Tech Talk for Wednesday January 14th 2026

U.S. equity index futures were lower this morning. S&P 500 futures were down 28 points at 8:35 AM EST.

S&P 500 futures slipped 5 points following release of economic news at 8:30 AM EST. Consensus for November U.S. Retail Sales was a 0.4% increase versus no change in October. Actual was a 0.6% increase. Excluding auto sales, November Retail Sales were expected to increase 0.4% versus a 0.4% increase in October. Actual was a 0.5% increase. Consensus for the November U.S. Producer Price Index was a 0.3% increase versus a 0.3% increase in October. Actual was a 0.2% increase.

Bank of America added $0.56 to $55.10 after reporting higher than consensus fourth quarter earnings.

Wells Fargo dropped $1.36 to $92.20 after reporting less than consensus fourth quarter earnings.

Palo Alto fell $5.60 to $185.25 on reports that China has ordered domestic companies not to use software made by a number of U.S. companies.

EquityClock's Market Outlook for January 14th

The commodity market is revealing the type of price action that we would expect for this time of year. We dive into how to play this seasonal theme and where to position.

https://equityclock.com/2026/01/13/stock-market-outlook-for-january-14-2026/

Technical Notes

Vietnam ETF (VNM) moved above $19.73 to a four year high extending an intermediate uptrend. Seasonal influences are favourable until February 21st. See seasonality chart at www.EquityClock.com

Boeing (BA) a Dow Jones Industrial Average stock moved above $242.69 extending an intermediate uptrend. Seasonal influences are favourable until February 15th. See seasonality chart at www.EquityClock.com

Lowes (LOW) an S&P 100 stock moved above $273.63 extending an intermediate uptrend. Seasonal influences are favourable until February 15th. See seasonality chart at www.EquityClock.com

Monster Beverages (MNST) a NASDAQ 100 stock moved above $78.31 to an all-time high extending an intermediate uptrend.

S&P 100 and NASDAQ 100 stocks breaking below support setting/extending intermediate downtrends included Atlassian (TEAM) on a move below $139.70, T-Mobile (TMUS) on a move below $194.01, Travelers (TRV) on a move below $276.43, Verizon (VZ) on a move below $39.00, Adobe (ADBE) on a move below $311.58 and Exelon (EXC) on a move below $42.97

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for January 13th 2026

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 January 13th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for January 13th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Magnificent Seven Breakdown & Earnings Season Kicks Off | Trading Places Live! January 13, 2026: Tom Bowley

Magnificent Seven Breakdown & Earnings Season Kicks Off | Trading Places Live! January 13, 2026 - YouTube

Black Swan 2026? Bond Vigilantes Return, S&P 500 Squeeze & Gold's Path to $5,000

Black Swan 2026? Bond Vigilantes Return, S&P 500 Squeeze & Gold's Path to $5,000 - YouTube

The Precious Metal Trade Can’t Stop, Won’t Stop: Danny Moses and Dan Nathan

The Precious Metal Trade Can’t Stop, Won’t Stop - YouTube

5 Breadth Signals Powering the 2026 Breakout and What Would Break It: Dave Keller

5 Breadth Signals Powering the 2026 Breakout and What Would Break It - YouTube

Broadening out market trade has legs, says Charles Schwab’s Liz Ann Sonders

Broadening out market trade has legs, says Charles Schwab’s Liz Ann Sonders - YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 3.80 to 67.40. It remains Overbought.

The long term Barometer slipped 0.60 to 66.40. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 0.92 to 82.11. It remains Overbought. Daily uptrend was extended.

The long term Barometer dropped 0.92 to 85.32. It remains Overbought.

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.