On this week's edition of the GoNoGo Charts show, U.S. markets continue to sell off as the picture of the asset classes change. Stocks join bond prices in a strong "NoGo" as commodities and and the dollar continue to maintain their "Go" trends. In this week's market recap, Alex and Tyler look at the technology sector's woes and unpack the charts of Sony Corp to look for opportunities in this "NoGo". They also look at utilities, where there has been some leadership, and the show finishes with a look at the darling of the news this week, Twitter.
This video was originally recorded on April 28, 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!
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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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