Alex and Tyler look at several critical inflection points in the markets. Key levels of support breaking in tech stocks, growth/value ratios, and a continued selloff in US Government Treasuries driving rates on the 10yr above 1.8%. Using GoNoGo Charts to blend a myriad of technical indicators into elegant data visualizations, the focus of this show is always on PRICE. However, being aware of elevated valuations for US equities, Alex and Tyler remark on the opportunities for global allocations through simple ETF vehicles that could help investors take advantage of undervalued emerging market economies tied closely to the “Go” trend in commodities. After all, as Charles Darwin told us in 1809: “It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.”
00:00 – Intro
01:09 – GoNoGo Sector Relmap: XLB, XLP, XLE, XLF, XLI, XLU are “Go” Trends
03:00 – Growth vs Value Weekly, then Daily charts ($IWF:IWD)
07:11 – Technology Sector ($XLK) – Weekly (decision time), Daily already “NoGo”
11:27 – $TNX – 1.84%, TLT Weekly – Entered NoGo
13:50 – U.S. Commodity Index (USC)I: Monthly, Daily
16:04 – Industrial Mining: RioTinto ($RIO)
18:25 – iShares Gold Trust ($IAU): Daily, then Monthly
23:42 – MSCI Brazil ETF (EWZ), Daily
26:09 – MSCI Hong Kong ETF (EWH), Daily
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