June 24, 2023 | Tech Talk for Saturday June 24th 2023
Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).
The Bottom Line
Investors are expected to enter into a “holiday mood” this week prior to national holidays on July 1st in Canada and July 4th in the United States. Volume in equity markets on both sides of the border typically drops as the week progresses. Price volatility is higher than average. Broadly based North American equity indices have a history of reaching a short term low in the last week in June.
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Don Vialoux June 24th, 2023
Posted In: Tech Talk