Academic evidence solidifies that the market is a leading economic indicator. No one knows what will happen next in terms of an economic recession, but we can look at the weight of the evidence to put probabilities on our side. On this week’s edition of the GoNoGo Charts show, Alex and Tyler review $USO on...
Author: Alex Cole
GNG TV: Defense Wins Championships | GoNoGo Charts
On this week’s edition of the GoNoGo Charts show, Alex and Tyler review the markets that have been struggling through the tough macro environment. Looking closely at charts of treasury yields, the U.S. Dollar and oil, on both a near-term and long-term basis, investors can see the headwinds and the correlation of these intermarket forces....
GNG TV: Rally? Really? “NoGo” Strengthens in US Equities | GoNoGo Charts
On this week’s edition of the GoNoGo Charts show, Alex and Tyler walk through GoNoGo Charts from a top-down perspective, with special attention to US equity markets following the announcement from Federal Reserve Chairman Jerome Powell on Wednesday. The fed rate hike remained in line with Wall St. expectations for a 75 basis point increase....
GNG TV: Relief Rally Fails + Upcoming Special | GoNoGo Charts
On this week’s edition of the GoNoGo Charts show, Alex takes a look at how equities have failed to move higher this week, making it more likely that last week’s rally in equities was a relief rally, not the start of something more constructive. Starting from the top down, he looks at the asset trends,...
GNG TV: A Low, But is it THE Low? | GoNoGo Charts
Investors and analysts see signs of life amid risk assets – bullish divergences, holding support, relief in rates and weakening USD – however, bear market relief rallies can be tempting and destructive. On this week’s edition of the GoNoGo Charts show, Alex and Tyler look through signs across asset classes for potential regime change, highlighting...
GNG TV: Is There Enough Momentum to Change the Trend? | GoNoGo Charts
On this week’s edition of the GoNoGo Charts show, Alex and Tyler take a look through the markets and discuss how the “Go” trend in the dollar is being tested for the first time in months. Likewise, the relentless rising rates of the last few months have also taken a moment to pause. They discuss...
GNG TV: Just Say “NoGo” to Bear Market Rallies | GoNoGo Charts
Defense is still the play on this week’s edition of the GoNoGo Charts show. Wednesday’s heavy selloff has tempted many analysts to go “bottom fishing” for oversold opportunities. But, instead of forecasting a market bottom, investors can use the weight of the evidence in GoNoGo Charts to lean into short trade opportunities and watch a...
GNG TV: Equity Selloff Continues, Commodities Hold a “Go” Trend | GoNoGo Charts
Alex and Tyler are back together talking markets from midtown Manhattan on this week’s edition of the GoNoGo Charts show. The heavy selling pressure this week has kept US Treasury bonds and major equity indices in strong “NoGo” trends. While many analysts are searching for signs of a bottom, key areas of support are breaking....
GNG TV: Volatility Ensures Keeping Up Defenses! | GoNoGo Charts
On this week’s edition of the GoNoGo Charts show, Alex and Tyler are back from the CMT Symposium in Washington D.C. and excited to dig into the markets! Following a big rally mid-week, they run through all the charts of interest and discuss the importance of keeping bear market rallies in perspective. With the weight...
GNG TV: With Rates Near 2018 Highs, U.S. Markets Sell Off | GoNoGo Charts
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...