Tech Talk for Friday August 15th 2025

U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:35 AM EDT.

S&P 500 futures added 2 points following release of economic news at 8:30 AM EDT. Consensus for the August Empire State Manufacturing Survey was a drop to 1.8 from 5.5 in July. Actual was a gain to 11.9. Consensus for U.S. July Retail Sales was a 0.5% increase versus a 0.6% gain in June. Actual was a 0.5% gain. Excluding auto sales, consensus was a 0.3% increase versus a 0.5% in June. Actual was a 0.3% gain.

Applied Materials dropped $22.29 to $165.95 after issuing lower than consensus fiscal fourth quarter guidance.

Hims & Hers dropped $2.48 to $44.65 following news that the FTC has been exploring its business practices.

After the close yesterday, Berkshire Hathaway confirmed purchase of additional shares of four companies: UnitedHealth Group added $21.92 to $293.40, Nucor gained $9.11 to $153.46, Lennar advanced $4.70 to $135.15 and DR Horton rose $4.78 to $168.68.

EquityClock's Market Outlook for August 15th

Palladium back to its breakout point as positive seasonal tendencies look set to ramp higher through the months ahead. See:

https://equityclock.com/2025/08/14/stock-market-outlook-for-august-15-2025/

Technical Notes

S&P//TSX Financials iShares (XFN.TO) moved above Cdn$66.78 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until September 27th. See seasonality chart at www.EquityClock.com

Toronto Dominion Bank (TD.TO) moved above Cdn$102.85 to an all-time high extending an intermediate uptrend. Seasonal influences are favourable until the end of September. See Seasonality chart at www.EquityClock.com

Intel (INTC) an S&P 100 stock moved above $24.04 extending an intermediate uptrend. The U.S. government was reported to be interested in taking a stake on the company.

CSX (CSX) an S&P 100 stock moved above $36.38 extending an intermediate uptrend.

Incyte (INCY) a NASDAQ 100 stock moved above $86.29 extending an intermediate uptrend.

Gildan Activewear (GIL.TO) a TSX 60 stock moved above Cdn$78.23 to an all-time high extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for August 14th 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 August 14th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for August 14th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Rate Cut Rally: Stocks & Sectors Poised to Surge! Tom Bowley

https://www.youtube.com/watch?v=fagNUo8uWgo

5 Signs a MAJOR Market Correction Looms! ValueTrendCanada

https://www.youtube.com/watch?v=MLGmGk2LwfE

Fundstrat's Tom Lee: Could the New IPO Wave Be a Market Signal?

https://www.youtube.com/watch?v=9g5LdfKhxNs

PPI Comes In Hot, Hot, Hot: Carter Worth, Liz Thomas, Guy Adami, Dan Nathan

https://www.youtube.com/watch?v=A1vaGVNzeMA

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 3.50 to 62.00. It remains Overbought.

The long term Barometer dropped 3.00 to 62.60. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer dropped 2.53 to 64.46. It remains Overbought.

The long term Barometer slipped 0.57 to 80.09. 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.