Tech Talk for Wednesday December 24th 2025

U.S. equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:30 AM EST

Intel dropped $1.19 to $35.16 after NVidia halted plans to use the company's chip production process.

Exchange Trading Holidays

U.S. listed exchanges close regular trading today at 1:00 PM EST. Canadian exchanges close for regular trade at 4:00 PM EST

U.S. and Canadian exchanges are closed on Thursday December 25th. Canadian exchanges are closed on Friday December 26th

Next Tech Talk Report

Next report is scheduled to be released on Monday December 29

We wish for you a Merry Christmas !!

Technical Notes

S&P 500 Index closed above its previous all-time closing high at 6,890.59

Aerospace & Defense ETF (PPA) moved above $160.37 to an all-time high extending an intermediate uptrend.

Leading the move in Aerospace & Defense was GE Aerospace (GE) an S&P 100 stock on a move above $316.67 to an all-time high.

Regeneron (REGN) a NASDAQ 100 stock moved above $790.98 extending an intermediate uptrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for December 23rd 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 December 23rd 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for December 23rd 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Strong GDP Rains On Rate Cut Parade: Guy Adami, Dan Nathan and Liz Thomas

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

Is This Santa Claus Rally Sustainable? | Trading Places Live! December 23, 2025: Tom Bowley

https://www.youtube.com/watch?v=1E63nRomCRU

Tom Lee: What 2026 Could Mean for Your Portfolio? Tom Lee

https://www.youtube.com/watch?v=MNIPm5E4BC4

Markets Drop Economy Surges, See Why This Is A Nasty Mirage, Gold & Silver Jump Again! Verified Investing

https://www.youtube.com/watch?v=uW0tM3xcqYg

S&P 500 Momentum Barometers

The intermediate term Barometer added 0.60 to 61.80. It remains Overbought.

The long term Barometer slipped 1.00 to 62.00. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 0.47 to 73.46. It remains Overbought. Daily trend remains up.

The long term Barometer added 0.47 to 82.94. It remain 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