GNG TV: Fairness Markets Hanging on to “Go” Pattern | GoNoGo Charts
2 min read
On this version of the GoNoGo Charts present, Alex takes a top-down strategy to analyzing the markets utilizing GoNoGo Charts distinctive strategy. He exhibits how the main asset lessons are performing, then seems on the macro components that have an effect on the fairness markets. Treasury charges, gold, oil and the greenback all assist inform the investor. Diving into the fairness markets, Alex makes use of the GoNoGo Sector RelMap to point out how the expansion sectors are serving to to maintain the general market in its “Go” pattern. After wanting on the relative GoNoGo Charts of XLK and XLC, Alex walks via a number of single securities equivalent to META, AAPL, NVDA, and SHOP to search for sturdy traits and doable alternatives. Lastly, he takes a take a look at the cryptocurrency surroundings.
This video was initially recorded on Could 25, 2023. Click this link to look at on YouTube. You may as well view new episodes – and be notified as quickly as they’re revealed – utilizing the StockCharts on demand web site, StockChartsTV.com, or its corresponding apps on Roku, Hearth TV, Chromecast, iOS, Android, and extra!
New episodes of GoNoGo Charts air on Thursdays at 3:30pm ET on StockCharts TV. Study extra in regards to the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.
Alex Cole, CEO and Chief Market Strategist at GoNoGo Charts, is a market analyst and software program developer. Over the previous 15 years, Alex has led technical evaluation and information visualization groups, directing each enterprise technique and product growth of analytics instruments for funding professionals.
Alex has created and applied coaching applications for giant firms and personal shoppers. His educating covers a large breadth of Technical Evaluation topics, from introductory to superior buying and selling methods.
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