In this week's edition of the GoNoGo Charts show, Alex and Tyler look at several critical inflection points in the markets. They note key levels of support breaking in tech stocks, growth/value ratios and a continued selloff in US Government Treasuries driving rates on the 10-year above 1.8%.
Using GoNoGo Charts to blend a myriad of technical indicators into elegant data visualizations, the focus of this show is always on PRICE. However, being aware of elevated valuations for US equities, Alex and Tyler remark on the opportunities for global allocations through simple ETF vehicles, which can help investors take advantage of undervalued emerging market economies tied closely to the "Go" trend in commodities. After all, as Charles Darwin told us in 1809, "It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change."
This video was originally broadcast on January 20, 2022. Click this link to watch on YouTube. You can also view new episodes - and be notified as soon as they're published - using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!
New episodes of GoNoGo Charts air on Thursdays at 3:30pm ET on StockCharts TV.
