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Relative Strength in Renewables | GoNoGo Charts (09.22)
GoNoGo Charts • 26m
Alex and Tyler assess the acceleration of the "NoGo" for US equities ($SPY) in the wake of the latest rate hike ($TNX) . Go trends for US Dollar and Government Yields are uninterrupted, but the energy space is full of rotation. Alex and Tyler review the trends in First Solar Inc (FSLR) and solar ETF "TAN" for options in "Go" trends. More importantly, they look to an inflection point in the relative performance of solar vs gasoline (TAN:UGA).