In this week's edition of the GoNoGo Charts show, Alex and Tyler discuss the difficulty equities are having establishing a new "Go" trend. They walk through the technical analysis surrounding the macro factors that will have an impact on stocks, Interest rates, the dollar, commodities. They then dive into the sectors to see where leadership is and how we are seeing some out-performers within those sectors. Finally, they take a moment to discuss some of the most beaten down securities and how they may be poised to make significant gains if the market is ready for higher highs and higher lows.
This video was originally recorded on January 19, 2023. 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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