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December 28, 2024 | Tech Talk for Saturday December 28th 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

Equity indices around the world bounced from short term deeply oversold levels last week, led by Far East markets.

Economic News This Week
December Chicago PMI released at 9:45 AM EST on Monday is expected to improve to 42.8 from 40.2 in November.

November U.S. Construction Spending released at 10:00 AM EST on Thursday is expected to increase 0.3% versus a 0.4% increase in October.

December U.S. ISM Manufacturing PMI is released at 10:00 AM EST on Thursday.

Selected Earnings News This Week
Nil

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December 28th, 2024

Posted In: Tech Talk

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