In this week’s edition of the GoNoGo Charts show, Alex Cole runs through the markets, discussing 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.
This video was originally recorded on October 6, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!
Join us next week on Tuesday, Oct 11, 2022, at 11:00 am EDT for the special GoNoGo workshop “Forecasting Follies: React Responsibly to Market Moves”! Registration is required, but FREE. See Alex and Tyler take a fresh look at market trends in this exciting presentation.
Alex Cole, CEO and Chief Market Strategist at GoNoGo Charts, is a market analyst and software developer. Over the past 15 years, Alex has led technical analysis and data visualization teams, directing both business strategy and product development of analytics tools for investment professionals. Alex has created and implemented training programs for large corporations and for private clients. His teaching covers a wide breadth of Technical Analysis subjects from introductory to advanced trading strategies.