TP or Tech? Sysco vs Cisco | GoNoGo Charts

Tyler Wood hosts this week’s GoNoGo show looking at the nature of trends in defensive sectors through GoNoGo Charts. Leading sectors include consumer staples and healthcare. Considering the ratio of SYY:CSCO, we can see through the GoNoGo Trend identifies that toilet paper is outpacing technology in 2022. Digging into Merck and Biotech, Tyler observes new “Go” trends in the healthcare arena are providing some opportunities to the long side in an otherwise bearish US Equity market.


00:00 – Intro

00:59 – GoNoGo Cross Asset Heat Map

03:30 – S&P500 – New Lows – Daily, then weekly

07:48 – GoNoGo Sector RelMap

10:15 – XLP – daily, then weekly

11:57 – Tech or T.P.? – SYY:CSCO Daily, Weekly

13:55 – Costco (COST) 15:25 – SYCSO (SYY)

16:07 – Merck (MRK)

17:18 – SPDR S&P Biotech (XBI)


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Heat Map Market MRK S&P Biotech S&P500 Stock Market SYCSO (SYY) SYY:CSCO

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