This week on the GoNoGo Show Alex and Tyler are back from the CMT Symposium in Washington D.C. and excited to dig into the markets!
After 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 of the evidence saying the trend in equities is still a “NoGo”, Alex and Tyler discuss growth vs value and where out-performance can still be found as commodity markets are still performing well.
00:00 - Introduction
01:50 - SPDR S&P 500 ETF Trust (SPY)
09:16 - iShares Russell 1000 Growth ETF (IWF)
13:50 - Energy Select Sector SPDR Fund (XLE)
21:00 - Marathon Oil Corporation (MRO)
22:22 - Valero Energy Corporation (VLO)
24:20 - Amazon.com, Inc. (AMZN)
Join Alex and Tyler for more education at the METASTOCK Traders Conference throughout the week of May 16-20, 2022 - https://tinyurl.com/GoNoGoMSMay22
Whether you are trying to better understand cross-asset relationships, generating trade ideas, making security selection and allocation decisions, or managing an individual trade, GoNoGo Charts will help you eliminate analysis paralysis and keep your focus on Price, without losing sight of the complete technical picture. By blending objective principles of technical analysis and the most widely used statistical measures, GoNoGo Charts remove “indicator overload.” Investors remain focused on what matters most – price – while the colors of each bar or candle reflect the strength of the trend.
LEARN MORE ABOUT THE GONOGO ACP PLUGIN -
Free Starter Plugin: https://schrts.co/eusTWbIv
Full Featured Plugin Pack: https://schrts.co/eedGrjvJ