Tech Talk for Wednesday May 7th 2025

Utility SPDRs $XLU moved above intermediate resistance at $80.21, changing trend from down to neutral.

Altria $MO an S&P 100 stock moved above $60.18 to an all-time high extending an intermediate uptrend.

Vertex $VRTX a NASDAQ 100 stock moved below $448.14 completing a double top pattern

Thermo Fisher Scientific $TMO a NASDAQ 100 stock moved below $411.21 extending an intermediate downtrend.

Trader's Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for May 6th 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 May 6th 2025

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for May 6th 2025

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Will the S&P 500 Break Out? 4 Charts That Matter Right Now: David Keller

Will the S&P 500 Break Out? 4 Charts That Matter Right Now - YouTube

Paul Tudor Jones: Stock market will hit new lows even if Trump cuts China tariffs to 50%

Paul Tudor Jones: Stock market will hit new lows even if Trump cuts China tariffs to 50% - YouTube

Bullish call for European and Chinese stocks

Bullish call for European and Chinese stocks - YouTube

Mike Novogratz: Crypto’s Future, Dollar Decline & Market Risks: Guy Adami

Mike Novogratz: Crypto’s Future, Dollar Decline & Market Risks - YouTube

Most recent Fed Survey shows surging probability of recession

Most recent Fed Survey shows surging probability of recession - YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 3.40 to 50.80. It remains Neutral.

The long term Barometer dropped 2.80 to 40.00. It remains Neutral.

Short term (20 days) Barometer plunged 4.80 to 77.40. It remains Overbought.

TSX Momentum Barometers

The intermediate term Barometer added 5.05 to 63.76. It changed from Neutral to Overbought on a move above 60.00. Daily uptrend was extended.

The long term Barometer slipped 0.92 to 53.21. It remains Neutral.

Short term (20 days) Barometer increased 4.59 to 79.82. 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.