Dangerous Environment for Passive Investment | GoNoGo Charts (05.04)
GoNoGo Charts • 27m
The rangebound nature of equity indices is a dangerous environment for passive investment vehicles and closet indexers. Using a top-down approach to their analysis, Alex and Tyler show there are leaders and laggards in each and every sector group, including Financials (XLF) which continue to dominate headlines as more regional and community banks implode.
Up Next in GoNoGo Charts
-
All Quiet on the Wall St Front | Tyle...
Even with earnings kicking off, trading activity this week has been remarkably quiet. Alex and Tyler review some of the key lessons shared in the StockChartsTV Special: “Embracing Volatility” and how we as investors can profit from volatility compression and trading in the direction of the break ...
-
Diversified Opportunities in US Equit...
Alex Cole and Tyler Wood, CMT deliver a view of relative and absolute trends across the investible landscape. S&P500 ($SPY) confirms a “Go” trend on both daily and weekly timeframes and Gold ($GLD) shows further upside as the “Go” trend strengthens. Oil ($USO) rallies back to test its 7 month dow...
-
Charts Telling the Story of the Marke...
On this weeks show Alex and Tyler zoom out and take a look at several weekly and even longer time frame charts that tell the story of what we are seeing in the markets. While the financial news cycle is all doom and gloom there are signs from the charts of constructive price activity in U.S. eq...