S&P 500 NoGo Trend For 2022 YTD | GoNoGo Charts

[Recorded Premarket Thursday Feb 24, 2022]

For the third week in a row, the major U.S. stock indexes appeared to be on the verge of an overall gain at midweek, only to end up negative after declining on Thursday and Friday. The invasion of Ukraine has made today’s selloff even more dramatic, but this isn’t an isolated event. If you have been overweight US Equities and now are feeling like Franka Potente trying to outrun the mob, or Tom Cruise in “Live Die Repeat” battling alien invaders each week, there’s good news… this isn’t a lesson in metaphysical time loop sci-fi, it’s just investing! You are in charge of your portfolio, and you can take action to alleviate this frustrating cycle! Behavioral economists have studied how investors over-allocate to their local stock market. For Canadians, that’s working out great, eh? But American investors have been rewarded so heavily for their home country bias throughout this cycle, we may have forgotten the wide world of equities on distant shores. As the charts in today’s episode will show, relative and absolute opportunities exist for trends in foreign equities and within the commodities space. As trend followers, we want to “fish where the fish are.” Right now, both absolute and relative trends suggest that the grass may actually be greener in other pastures.

00:00 – Intro

01:25 – Top Down Asset Classes

05:46 – Small-Caps Outperform Large-Caps

09:38 – United States Oil ETF (USO)

14:39 – Growth Stocks Under Perform Dramatically

19:53 – Electric Vehicles Drive Lithium: Sociedad Quimica y Minera de Chile (SQM)

22:56 – Emerging Markets Outperfom U.S. Equity Markets (EMXC vs SPY) & Global Equity HeatMap

 

 

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$EMXC $IWM $ROKU $SQM $USO GoNoGo Asset Class HeatMap GoNoGo Sector RelMap

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