Alex and Tyler walk through a GoNoGo HeatMap which highlights that commodities are the asset class leader. Interestingly, Bitcoin is finally striking “Go” conditions on the daily chart. US Equities still hovering at inflection point. Overall “NoGo” Conditions for the trend of the S&P500, but GoNoGo Oscillator breaking through the zero line. We’ll see if positive momentum can carry markets higher.
Recorded Thursday morning Feb 10, 2022, Tyler and Alex share insights from the bond market’s reaction to CPI data reported this morning. Inflation jumped 7.5% yr/yr - more than economists expected, and posting the largest gain in 40 yrs as well as an acceleration from the 7.0% year-over-year increase seen in December. GoNoGo Charts look to the Financials and Energy sectors for strong relative and absolute Go trends in this rising rate environment. Ten year yields breaking out above 2% as the $TNX paints strong “Go” trend conditions.
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 simp...
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...