Tech Talk for Friday November 25th 2022

U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade.

U.S. equity markets close today at 1:00 PM EST.

Peoples Bank of China has lowered its lending rate to major Chinese banks by 0.25%.

Activision Blizzard dropped $2.59 to $74.00 on reports that the Federal Trade Commission may launch an anti-trust lawsuit against Microsoft's propose acquisition of the company.

Deere slipped $0.09 to $437.43 despite JP Morgan's target increase from $415 to $440.

EquityClock's Daily Comment

Headline reads "A spike in jobless claims in the past week provides reason for concern, but not necessarily reason for panic, yet".

http://www.equityclock.com/2022/11/23/stock-market-outlook-for-november-25-2022/

Technical Note for Yesterday

Canadian National Railway $CNR.TO a TSX 60 stock moved above Cdn$169.80 to an all-time high extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for November 24th 2022

Green: Increase from previous day

Red: Decrease from previous day

Commodities

Daily Seasonal/Technical Commodities Trends for November 24th 2022

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for November 24th 2021

Green: Increase from previous day

Red: Decrease from previous day

TSX Momentum Barometers

The intermediate term Barometer added 3.39 to 81.36. It remains Overbought. Trend remains up.

The long term Barometer was unchanged at 52.54. 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