Tech Talk for Friday August 8th 2025

U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:35 AM EDT.

The Canadian Dollar dropped 0.05 to US72.68 cents following release of Canada's July Employment Report at 8:30 AM EDT. Consensus called for a 15,300 gain versus an 83,100 gain in June. Actual was a 40,800 loss. Consensus for the July Unemployment Rate was an increase to 7.0% versus 6.9% in June. Actual was unchanged at 6.9%.

Expedia advanced $32.39 to $220.00 after reporting higher than consensus second quarter results. The company also issued positive third quarter guidance. Seasonal influences are favourable on a real and relative basis until September 9th. See seasonality chart at www.EquityClock.com

Block gained $6.15 to $83.00 after reporting higher than consensus second quarter results. The company also offered positive third quarter guidance.

Trade Desk plunged $23.08 to $65.25 after reporting lower than consensus second quarter results

Pinterest dropped $4.18 to $34.99 after reporting less than consensus second quarter earnings.

EquityClock's Market Outlook for August 8th

Health Care is certainly not working at this seasonally favourable time of year, but many other groups are, providing a hedge against the notorious third quarter volatility in the equity market. See:

https://equityclock.com/2025/08/07/stock-market-outlook-for-august-8-2025/

Technical Notes

Junior Gold ETF (GDXJ) moved above $71.84 to an all-time high extending an intermediate uptrend.

Taiwan iShares (EWT) moved above $59.80 to an all-time high extending an intermediate uptrend. Reflecting strength in Taiwan Semiconductors (TSM), up 4.71% yesterday!

Apple (AAPL) a Dow Jones Industrial Average stock moved above $216.23 extending an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until September 6th. See seasonality chart at www.EquityClock.com

Cisco (CSCO) a Dow Jones Industrial Average stock moved above $69.47 extending an intermediate uptrend. Seasonal influences are favourable until October 6th. See seasonality chart at www.EquityClock.com

Nutrien (NTR) a TSX 60 stock moved below US$57.67 completing a double top pattern.

S&P 100 and NASDAQ 100 stocks moving below support setting/extending an intermediate downtrend included Eli Lilly (LLY) on a move below $675.71, Atlassian (TEAM) on a move below $173.46, McCormick (MKC) on a move below $69.56 and $69.22 and American International Group (AIG) on a move below $75.69

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for August 7th 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 7th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for August 7th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Liz Thomas Returns! Guy Adami, Dan Nathan and Liz Thomas

https://www.youtube.com/watch?v=v1xQD3IAqcU

How We Beat the S&P 500 by 20% This Quarter! Tom Bowley

How We Beat the S&P 500 by 20% This Quarter! - YouTube

Shopify is a powerhouse: Belski

Shopify is a powerhouse: Belski - YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 3.20 to 54.20. It remains neutral.

The long term Barometer added 0.20 to 56.80. It remains neutral.

TSX Momentum Barometers

The intermediate term Barometer dropped 3.77 to 62.74. It remains Overbought.

The long term Barometer dropped 1.42 to 81.13. 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.