In this edition of the GoNoGo Charts show, drilling into the equity landscape, Alex & Tyler share a GoNoGo Sector Relmap to find the sectors outperforming the rising S&P500. Leadership is now squarely focused on growth equity sectors – XLK, XLY, XLC – information technology, consumer discretionary, and communications are in “Go’ trends relative to the S&P 500.
This video was originally recorded on May 18, 2023. 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!
New episodes of GoNoGo Charts air on Thursdays at 3:30pm ET on StockCharts TV. Learn more about the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.
Scanning for Bearish Engulfing Candlestick Patterns
Vietnam and the U.S. Widening Trade Deficit
The Wisdom of Jesse Livermore, Part 7