Tech Talk for Tuesday June 10th 2025

U.S. equity index futures were this morning. S&P 500 futures were up 9 points at 8:30 AM EDT.

Taiwan Semiconductors advanced $3.51 to $210.51 after reporting a 40% increase in May sales.

Cracker Barrel dropped $3.74 to $57.00 after announcing a plan to issue a $275 million convertible note.

Casey's General Store advanced $37.46 to $476.75 after releasing higher than consensus fiscal fourth quarter earnings and after increasing its annual dividend by 14%. The company also offered positive guidance.

Lakeland Industries dropped $3.01 to $16.35 after reporting less than consensus first quarter results.

EquityClock's market outlook for June 10th

A precious metal catch-up trade has materialized and we are there for it. See:

https://equityclock.com/2025/06/09/stock-market-outlook-for-june-10-2025/

Technical Notes

WTI Crude Oil moved above US$64.86 completing a double bottom pattern.

Amex Biotech ETF (FBT) moved above $165.25 setting an intermediate uptrend. Seasonal influences are favourable on a real and relative basis until the third week in July. See First Trust NYSE Arca Biotechnology Index Fund (NYSE:FBT) Seasonal Chart | Equity Clock

US Telecommunications iShares (IYZ) moved above $28.78 to a three year high extending an intermediate uptrend. Seasonal influences are favourable until the end of July. See: iShares U.S. Telecommunications ETF (NYSE:IYZ) Seasonal Chart | Equity Clock

Steel ETF (SLX) moved above $64.89 and $65.04 extending an intermediate uptrend.

S&P/TSE Energy iShares (XEG.TO) moved above Cdn$16.97 extending an intermediate uptrend. Responding to higher WTI Crude oil prices.

Amazon $AMZN a Dow Jones Industrial Average stock moved above $214.84 resuming an intermediate uptrend. Seasonal influences are favourable until the end of July. See: Amazon.com, Inc. (NASD:AMZN) Seasonal Chart | Equity Clock

Pfizer (PFE) a Dow Jones Industrial Average stock moved above $23.98 completing a double bottom pattern.

Cameco a TSX 60 stock moved above Cdn$88.18 and US$62.55 to an all-time high extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for June 9th 2025

0

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 June 9th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for June 9th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Taking Stock of S&P 500 Sectors with Carter Worth

https://www.youtube.com/watch?v=rMLxYFor5T8

From Tariffs to Tech: Where Smart Money's Moving Right Now: Mary Ellen McGonagle

From Tariffs to Tech: Where Smart Money's Moving Right Now - YouTube

SPX Consolidation Into CPI, Health Care Poised for Bounce: Schwab Network

SPX Consolidation Into CPI, Health Care Poised for Bounce - YouTube

Yardeni: Economy buoyed by generous baby boomers helping kids and spending

Yardeni: Economy buoyed by generous baby boomers helping kids and spending - YouTube

Ted Oakley – Oxbow Interview Series – David Rosenberg June 6, 2025

Ted Oakley – Oxbow Interview Series – David Rosenberg June 6, 2025 - YouTube

Why this strategist says not everything is fine with the US economy: David Kelly, JP Morgan

Why this strategist says not everything is fine with the US economy - YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added 1.20 to 74.60. It remains Overbought.

The long term Barometer added 0.20 to 52.40. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer was unchanged at 90.32. It remains Overbought. Daily trend remains up.

The long term Barometer added 1.38 to 76.04. It remains Overbought. Daily trend remains up.

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.