In this week's edition of the GoNoGo Charts show, the volatility continues as the U.S. domestic markets experience massive intraday swings. Alex and Tyler look at how expectations of 4 rate hikes in 2022 weigh on investors' decision-making by examining charts of the S&P, Treasury rates and the VIX.
Using GoNoGo Charts to blend a myriad of technical indicators into elegant data visualizations allows for an understanding of where relative trends exist. Using the GoNoGo Sector RelMap, we see continued rotation into value and away from growth. With that in mind, this show moves on to look at the "NoGo" trends of tech and discretionary stocks such as Netflix and Home Depot, before highlighting some opportunities in more inflationary resistant assets such as energy and oil.
This video was originally broadcast on January 27, 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 private clients. His teaching covers a wide breadth of Technical Analysis subjects, from introductory to advanced trading strategies.
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About the author:
Tyler Wood, CMT, co-founder of GoNoGo Charts, is committed to expanding the use of data visualization tools that simplify market analysis to remove emotional bias from investment decisions.
Tyler has served as Managing Director of the
CMT Association for more than a decade to elevate investors’ mastery and skill in mitigating market risk and maximizing return in capital markets. He is a seasoned business executive focused on educational technology for the financial services industry. Since 2011, Tyler has presented the tools of technical analysis around the world to investment firms, regulators, exchanges, and broker-dealers.
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