July 20, 2024 | Tech Talk for Saturday July 20th 2024
![](https://www.howestreet.com/wp-content/uploads/2023/03/Tech-Talk.png)
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
North American equity markets experienced substantial rotation last week: Out of the technology sector and into other economic sensitive sectors such as Transportation, Banks and Biotech.
Second quarter results released to date have been significantly higher than consensus. According to www.FactSet.com 80% of reporting S&P 500 companies have released a positive earnings surprise and 65% reported a positive revenue surprise.
STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.
Don Vialoux July 20th, 2024
Posted In: Tech Talk
Previous: « CNN’s Report 3 Guns Fired
Next: This Week in Money »