Tech Talk for Friday November 14th 2025

U.S. equity index futures were lower this morning. S&P 500 futures were down 77 points at 8:30 AM EST.

Stub hub (STUB) dropped $3.71 to $15.11 after reporting a large one time write off

Applied Materials (AMAT) dropped $10.08 to $213.15 despite reporting higher than consensus fiscal fourth quarter revenues and earnings.

Cidara Therapeutics jumped $109.33 to $215.32 after Merck offered to buy the company in a deal valued at $9.2 billion.

EquityClock's Market Outlook for November 14th

With the government shutdown in the US now resolved, focus shifts towards the state of liquidity available to the market, which had tightened rather notably in the past month and a half. See:

https://equityclock.com/2025/11/13/stock-market-outlook-for-november-14-2025/

Technical Notes

Disney (DIS) a Dow Jones Industrial Average stock moved below $108.51 extending an intermediate downtrend. Responded to less than consensus fiscal fourth quarter results.

Berkshire Hathaway (BRK.B) an S&P 100 stock moved above $507.66 resuming an intermediate uptrend.

Gilead (GILD) an S&P 100 stock moved above $124.61 extending an intermediate uptrend.

Tesla (TSLA) an S&P 100 stock moved below$413.90 setting an intermediate downtrend.

Restaurant Brands International (QSR.TO) a TSX 60 stock moved above Cdn$97.85 setting an intermediate uptrend.

Loblaw Companies (L.TO) a TSX 60 stock moved above Cdn$59.64 to an all-time high extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for November 13th 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 November 13th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for November 13th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Healthcare Stocks Are Breaking Out But Why Now? Tom Bowley

Healthcare Stocks Are Breaking Out But Why Now? - YouTube

MRKT Call – Thursday, November 13th: Guy Adami, Dan Nathan, Liz Thomas

MRKT Call – Thursday, November 13th - YouTube

Market Momentum Under Threat: Will the Bull Run Survive? ValueTrendCanada

Market Momentum Under Threat: Will the Bull Run Survive? - YouTube

Tracking inflation without CPI: Here’s what to know: Steve Leisman

Tracking inflation without CPI: Here’s what to know - YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 6.80 to 45.40. It remains Neutral.

The long term Barometer dropped 1.80 to 58.00. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer plunged 10.38 to 59.91. It changed from Overbought to Neutral on a drop below 60.00.

The long term Barometer dropped 2.36 to 78.77. It remained 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