Tech Talk for Friday May 2nd 2025

May 01, 2025 / timingthemarket.ca / Article Link

Dow Jones Industrial Average moved above 40,791.18 and Dow Jones Industrial Average SPDRs ($DIA) moved above $407.82 completing double bottom patterns.

clip_image001

Microsoft $MSFT a Dow Jones Industrial Average stock moved above $393.23 and $396.36 completing a Reverse Head & Shoulders pattern.

clip_image002

Meta Platforms $META an S&P 100 stock moved above $587.89 completing a double bottom pattern.

clip_image003

Advanced Micro Devices $AMD an S&P 100 stock moved above $97.31 completing a double bottom pattern.

clip_image004

TSX 60 stocks breaking to all-time highs included TC Energy $TRP.TO, Enbridge $ENG.TO and Thomson Reuters $TRI.TO.

clip_image005

clip_image006

Trader's Corner

clip_image008

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for May 1st 2025

clip_image010

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 May 1st 2025

clip_image012

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for May 1st 2025

clip_image014

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Top 10 Stock Charts For May 2025: Breakouts, Trends & Big Moves! David Keller

https://www.youtube.com/watch?v=9hGpBzk3sys

Tech Stocks Lead Market Comeback: MSFT & META Fuel the Rally: Tom Bowley

https://www.youtube.com/watch?v=RjamFn7M2WU

CHART THIS with David Keller, CMT Thursday 5/1/25

https://www.youtube.com/watch?v=W8W4yTRr7xo

S&P 500 Momentum Barometers

clip_image015

The intermediate term Barometer slipped 1.80 to 41.00. It remains Neutral.

clip_image016

The long term Barometer added 0.80 to 37.60. It remains Oversold. Daily uptrend was extended.

TSX Momentum Barometers

clip_image017

The intermediate term Barometer was unchanged at 54.59. It remains Neutral.

clip_image018

The long term Barometer dropped 2.29 to 50.92. It remains Neutral.

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.


More from the network:


Recent News

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com

Gold stocks down on metal drop

April 28, 2025 / www.canadianminingreport.com

Investment banks ahead of the gold price, institutions still behind

April 21, 2025 / www.canadianminingreport.com

Gold stocks up, juniors outperform on small cap strength

April 21, 2025 / www.canadianminingreport.com

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok