Equity Markets Hanging on to “Go” Trend | Alex Cole | GoNoGo Charts (05.25)
GoNoGo Charts • 26m
On today’s GNG Show, Alex takes a top down approach to analyze the markets using GoNoGo Charts unique approach. Alex shows how the major asset classes are performing and then looks at the macro factors that effect the equity markets. Treasury rates, gold, oil and the dollar all help inform the investor. Diving into the equity markets Alex uses the GoNoGo Sector RelMap to show how the growth sectors are helping to keep the overall market in its “Go” trend. After looking at the relative GoNoGo Charts of XLK and XLC, Alex walks through several single securities such as META, AAPL, NVDA, and SHOP to look for strong trends and possible opportunities. Finally, he takes a look at the crypto currency environment.
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