Lack of Risk Asset Demand Pushes S&P Decline

In this week's edition of the GoNoGo Charts show, the volatility continues as the U.S. domestic markets experience massive intraday swings. Alex and Tyler look at how expectations of 4 rate hikes in 2022 weigh on investors' decision-making by examining charts of the S&P, Treasury rates and the VIX.

Using GoNoGo Charts to blend a myriad of technical indicators into elegant data visualizations allows for an understanding of where relative trends exist. Using the GoNoGo Sector RelMap, we see continued rotation into value and away from growth. With that in mind, this show moves on to look at the "NoGo" trends of tech and discretionary stocks such as Netflix and Home Depot, before highlighting some opportunities in more inflationary resistant assets such as energy and oil.

This video was originally broadcast on January 27, 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!

New episodes of GoNoGo Charts air on Thursdays at 3:30pm ET on StockCharts TV.