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 perspective. Charts of treasury rates, oil, and the dollar are discussed as macro drivers of equity performance. They also talk about how investors can use currency pairs as risk proxies.
As the show moves on to discuss equity opportunities, the relationship between the discretionary sector and the S&P 500 is given the GoNoGo treatment and finally they look at the strength in single securities such as Tesla and Apple.