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July 13, 2024 | Tech Talk for Saturday July 13th 2024

Don Vialoux

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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 Summer Rally continues. All-time highs were set by broadly based equity indices including TSX Composite Index, S&P/TSX 60 Index, S&P 500 Index, Equal Weight S&P 500 Index, Dow Jones Industrial Average, Australia All Ordinaries and Nikkei Average! Equity markets are responding to encouraging second quarter results released by major companies and expectations that interest rates set by central banks in the U.S., Canada and Europe will come down soon.

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July 13th, 2024

Posted In: Tech Talk

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