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.
About the author:Alex Cole, CEO and Chief Market Strategist at GoNoGo Charts, is a market analyst and software developer. Over the past 15 years, Alex has led technical analysis and data visualization teams, directing both business strategy and product development of analytics tools for investment professionals. Alex has created and implemented training programs for large corporations and for private clients. His teaching covers a wide breadth of Technical Analysis subjects from introductory to advanced trading strategies.
About the author:Tyler Wood is the Chief Operating Officer of GoNoGo Charts and a seasoned business executive who has led the operational and business development activities of teams large and small. As an executive manager over the past 20 years, he built and brought products to market in the educational technology space and financial services industry. As the Managing Director of the CMT Association for over a decade, Tyler has presented the tools of technical analysis around the world to investment firms, regulators, exchanges, and broker-dealers. Galvanizing vendors, volunteers, and demanding stakeholders around a common vision, Tyler designed and implemented policies and programming that raised the standards for professional technical analysis worldwide.