Alex and Tyler review the important macro forces influencing equity performance this week. As rising rates resume and the dollar churns higher, short-term headwinds for risk assets deliver consolidation within our recent “Go” trend. The blended weight of the evidence continue to paint “Go” trend conditions in the daily timeframe despite a drop in momentum from GoNoGo Oscillator. The GoNoGo S&P 500 Sector RelMap shows leadership from relative Go trends in $XLK, XLY, XLE, XLB, XLI and XLU as rotation continues.
As US Equity indices broke through overhead supply, trend conditions strengthened to strong blue “Go” bars. This week Alex and Tyler review the intermarket headwinds for risk assets including treasury rates ($TNX), the US Dollar index ($UUP) and high cost of oil ($USO) which have now all fallen i...
In this episode Alex and Tyler talk about how the recent rally in risk assets has reached its first hurdle. They also share that the strength of recent Go trends for the S&P 500, Growth sectors like Information Technology ($XLK) and Consumer Discretionary ($XLY), and even Bitcoin are at overh...
Alex and Tyler see the rotation continue into the growth sectors and risky assets this week. With the start of a shift to risky assets being visualized by the GoNoGo Asset map and GoNoGo Sector Relmap, they look at where this outperformance is coming from and the reasons why from a top down macro...
