GNG TV: Defense Wins Championships

On this week's edition of the GoNoGo Charts show, Alex and Tyler review the markets that have been struggling through the tough macro environment. Looking closely at charts of treasury yields, the U.S. Dollar and oil, on both a near-term and long-term basis, investors can see the headwinds and the correlation of these intermarket forces.As seen throughout 2022, rates tend to move inversely to stocks, and the recent relief rally has partnered with some consolidation of the "Go" trend in treasury yields. Importantly, as we complete Q2 of the year, the U.S. Dollar has a confirmed breakout of...
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