Academic evidence solidifies that the market is a leading economic indicator. No one knows what will happen next in terms of an economic recession, but we can look at the weight of the evidence to put probabilities on our side. Most importantly, Alex and Tyler review $USO on this last day of the month and show how the multi-year trend is approaching an area of strong overhead resistance. Investors can position for potential range-bound conditions in the intermediate term. While growth briefly outperformed value last week, the relative ratio continued lower this week. On the bright side for bulls, better-than-expected full-year guidance from FedEx after Thursday's close, tempered some of the growth concerns at the end of last week. A major transportation and logistics company, this is a signal that not all economic growth has been halted. Alex and Tyler review $FDX on a daily and weekly basis for signs of a “Go” trend. Healthcare $XLV has been outperforming on a relative basis to the S&P500, and Eli Lilly Inc $LLY is another security showing favorable “Go” trend conditions in a market full of “NoGo” charts.
Join the Wealth 365 Investment conference July 13th and 15th: www.wealth365.com/gonogo/
LEARN MORE ABOUT THE GONOGO ACP PLUGIN -
Free Starter Plugin: https://schrts.co/eusTWbIv
Full Featured Plugin Pack: https://schrts.co/eedGrjvJ
Alex and Tyler review the markets that have been struggling through the tough macro environment. Looking closely at charts of treasury yields, US Dollar and oil, on both a near-term and long-term basis investors can see the headwinds and the correlation of these intermarket forces. As seen throug...
Alex and Tyler walk through GoNoGo Charts from a top down perspective with special attention to US equity markets following the announcement from Federal Reserve Chairman Jerome Powell on Wednesday. The fed rate hike remained in line with Wall St. expectations for a 75 basis point increase. News ...
In this special one-hour workshop, attendees will gain a thorough understanding of critical concepts in technical analysis and how to apply them to their own investment process. Specifically, Alex and Tyler will address allocation and security selection to improve performance results, no matter w...