As all eyes watch the Fed in anticipation of this week’s Jackson Hole Summit, GoNoGo Charts help investors retain an objective, evidence-based view on what is actually happening in markets. This week, Tyler Wood, CMT examines US Dollar strength (UUP) and the rally in government bonds (TLT) as they found key support, sending rates ($TNX) lower within a sideways range; this could offer guide rails to the “higher for longer” level if yields continue to vacillate between the upper and lower bounds.
- 00:00 Intro
- 00:34 S&P 500 ETF (SPY)
- 05:32 Treas Yld Index-10 Yr Nts ($TNX), iShares 20+ Year Treasury Bond ETF (TLT)
- 08:50 Invesco DB US Dollar Index Bullish Fund (UUP)
- 11:00 United States Oil ETF (USO), Gold Trust (GLD), S&P 500 ETF (SPY),
- 18:54 Health Care Select Sector Fund (XLV), S&P 500 ETF (SPY)
- 21:39 Activision Blizzard Inc (ATVI), Match Group (MTCH), News Corp (NWSA)
- 25:47 New York Times (NYT), NVIDIA Corp. (NVDA), iShares Semiconductor ETF (SOXX)
