With US Equity Indices at critical inflection points, Alex and Tyler review the possible scenarios through GoNoGo Charts: is this a bear market countertrend rally or the bottoming before we resume the bull market trend? GoNoGo Charts do not forecast market outcomes, but rather help investors simplify trade decisions using the weight of the evidence in elegantly simple data visualization.
As earnings season plows on, several blue-chip US equities emerged from Q4 reporting as leaders with “Go” trends intact that continued to rally this week including Chevron, and Apple Inc. From a longer view, GoNoGo Charts will show the commodities rally that has strengthened in 2022, is truly just getting started. Obvious leadership has been found in the energy sector, $XLE, on the coattails of rocketing oil ($USO) prices. But as a lower beta inflation hedge, Alex and Tyler review the longterm chart of a diversified agriculture ETF, $DBA, which is showing evidence of a structural “Go” trend worth watching.
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The volatility continues this week as the U.S. domestic markets experience massive intraday swings. Alex and Tyler look at how expectations of 4 rate hikes in 2022 weigh on investors decision making by examining charts of the S&P, Treasury rates and the VIX.
Using GoNoGo Charts to blend a my...
Alex and Tyler look at several critical inflection points in the markets. Key levels of support breaking in tech stocks, growth/value ratios, and a continued selloff in US Government Treasuries driving rates on the 10yr above 1.8%.
Using GoNoGo Charts to blend a myriad of technical indicators in...
The selloff in equities was strong in the first trading week of the year. Continuation on Monday, Jan 10th was short-lived offering investors yet another “buy-the-dip” opportunity at the index level. However, a sharp rise in interest rates set the context for another verse of the rotation song th...