Really? Another Relief Rally? | GoNoGo Charts (11.03)
GoNoGo Charts • 20m
With Tyler traveling the world, Alex takes a look at the markets from a GoNoGo perspective. Using a top down approach, he discusses the major asset classes and what we are seeing in terms of trend. Diving into macro drivers such as rates, the dollar and oil, Alex notes how these can be headwinds for U.S. stocks if they resolve to the upside and continue in “Go” trends. With that being said, he moves no to find where the outperformance exists and discusses charts of the energy and financial sectors The markets were rocked these last few days, as investors digested what the Fed said. Alex finishes by looking at some of the big stocks talked about this week, $AMD and $BA.
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