June 29, 2024 | Tech Talk for Saturday June 29th 2024
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
The stage is set for the Summer Rally. See comments below
Economic News This Week
June ISM Manufacturing PMI released at 10:00 AM EDT on Monday is expected to increase to 49.0 from 48.7 in May.
May U.S. Construction Spending is released at 10:00 AM EDT on Monday.
Federal Reserve Chairman Powell speaks at 9:30 AM EDT on Tuesday.
Canadian May Trade Balance is released at 8:30 AM EDT on Wednesday
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Don Vialoux June 29th, 2024
Posted In: Tech Talk
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