It’s Just a Lower High Until It Isn’t! | GoNoGo Charts

This week Alex runs through the markets using GoNoGo Charts. He discusses the major asset trends, and macro drivers that affect equity prices such as Treasury rates, Oil prices and the dollar. Alex looks at the S&P 500 in some detail to help answer the question of whether this weeks equity strength has been another relief rally or the start of something more constructive. Finally, he looks at some single names that have shown strength lately in the face of a tough market as well as a well known stock that has had an interesting story year to date.


00:00 – Introduction

01:39 – GoNoGo Asset Map, GoNoGo Sector RelMap

03:04 – SPY

10:49 – US Treasury Yields ($TNX)

12:14 – US Oil (USO), US Dollar (UUP)

17:58 – Hubbell Incorporated (HUBB)

19:39 – International Seaways, Inc. (INSW)

21:40 – Netflix (NFLX)



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