Tech Talk for Tuesday August 12th 2025

U.S. equity index futures were higher this morning. S&P 500 futures were up 33 points at 8:35 AM EDT.

S&P 500 futures advanced 30 points following release of the U.S. July Consumer Price Index at 8:30 AM EDT. Consensus was a 0.2% increase versus a 0.3% increase in June. Actual was a 0.2%. On a year-over-year basis, consensus was a 2.8% increase versus a 2.7% in June. Actual was a 2.7% increase. Excluding food and energy, July CPI was expected to increase 0.3% versus a 0.2% increase in June. Actual was a 0.3% increase. On a year-over-year basis, consensus was a 3.0% increase. Actual was a 3.1% increase.

Eastman Kodak dropped $0.25 to $6.53 after reporting a second quarter loss. The company also warned that it might not be around much longer.

Adobe dropped an additional $0.65 to $333.00 after Melius Research downgraded the stock from hold to sell. Target price was dropped to $310 from $400.

Sinclair Broadcast Group advanced $2.64 to $15.20 after the company is announced a strategic review that could lead to sales or acquisitions.

EquityClock's Market Outlook for August 12th

More segments to bet against heading further into the period of volatility for stocks. See:

https://equityclock.com/2025/08/11/stock-market-outlook-for-august-12-2025/

Technical Notes

Energy SPDRs (XLE) moved below $84.15 setting an intermediate downtrend.

Lam Research (LRCX) a NASDAQ 100 stock moved above $102.59 extending an intermediate uptrend.

Electronic Arts (EA) a NASDAQ 100 stock moved above $167.85 to an all-time high extending an intermediate uptrend.

Comcast (CMCSA) an S&P 100 stock moved below $31.15 extending an intermediate downtrend.

DocuSign (DOCU) a NASDAQ 100 stock moved below $67.30 extending an intermediate downtrend.

Enbridge (ENB.TO) a TSX 60 stock moved above $65.09 to an all-time high extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for August 11th 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 11th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for August 11th 2025

Green: Increase from previous day

Red: Decrease from previous day

Canadian Association for Technical Analysis Meeting

Next member meeting is offered this evening at 8:00 AM EDT. Topic is "Trade Set Ups". Everyone is welcome. Not a member? Contact https://www.canadianata.ca/

Links offered by valued providers

S&P 500: Full Speed Ahead…..or NOT? Tom Bowley

https://www.youtube.com/live/E-2BK-fs-Uc

What Stock Sectors to Avoid NOW! ValueTrendCanada

https://www.youtube.com/live/stwxxYZ64qw

S&P 500 Momentum Barometers

The intermediate term Barometer slipped 1.80 to 55.00. It remains neutral.

The long term Barometer slipped 1.20 to 57.20. It remains neutral

TSX Momentum Barometers

The intermediate term Barometer added 1.42 to 61.79. It remains overbought.

The long term Barometer added 0.94 to 78.30. 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.