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March 1, 2025 | Tech Talk for Saturday March 1st 2025

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 period of seasonal outperformance by the TSX Composite Index came to an end last week. Contributions into RRSPs until February 28th are a major reason for outperformance relative to
the S&P 500 Index.

Technical breakdowns below intermediate support last week by the Dow Jones Industrial Average, S&P 500 Index and NASDAQ Composite Index will require time for technical repair before moving higher into the traditional spring rally period. Broadly based U.S. equity indices have a history of moving lower into mid-March. Concern about reaching an agreement on the U.S. Federal Debt by March 14th adds to short term uncertainties. History is repeating. Patience by traders will be rewarded.

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March 1st, 2025

Posted In: Tech Talk

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