• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Stock GNG TV: Rotation into Industrials, New “Go” Trend
Stock

GNG TV: Rotation into Industrials, New “Go” Trend

by June 30, 2023
by June 30, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

In this edition of the GoNoGo Charts show, Alex and Tyler review rangebound charts across macro drivers such as yields (TNX), currency (UUP), and commodities (GLD, USO). Relative stability offers a low volatility backdrop for Equities to sustain the bullish Go trend conditions. Within the S&P 500, rotation and breadth expansion provides new opportunities in leadership amongst the Industrials sector (XLI). Multiple industry groups are pulling the sector higher.

This week, GoNoGo Charts provide idea generation in Airlines, heavy construction, and building materials. Drilling down to the individual security level, Alex and Tyler offer perspectives on Nocera (NCRA), Skywest (SKYW), and Boise Cascade Co (BCC) an engineered wood products company critical to framing out new home construction. Concluding with the Crypto Relmap, GoNoGo Charts reveals Bitcoin is again outperforming the S&P 500 from a trend perspective.

This video was originally recorded on June 29, 2023. Click this link to watch on YouTube.

Learn more about the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.

You Might Also Like
  • MEM TV: Clouds Descending Over the Market?
  • Top Five Charts of 2023 #1: S&P 500
  • Sector Rotation & Seasonality: What’s Driving the Market Now?”
  • Week Ahead: Low VIX May Keep NIFTY Vulnerable To Profit-Taking Bouts; These Sectors May Offer Resilience
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Powerful 2-Timeframe Setup
next post
Small Cap Value Stocks Unexpected Driver for Market

You may also like

Earnings, Inflation, Yield Curve & July Reset

July 7, 2023

The Wisdom of Jesse Livermore, Part 6

May 24, 2023

The Hoax of Modern Finance – Part 2: Indicators, Terminology,...

December 14, 2023

Energy; A Long Term Turnaround in Relative Strength is Brewing

March 19, 2024

CRITICAL Week Ahead for S&P 500

August 13, 2024

MEM TV: Earnings Season Pumps Markets

April 15, 2023

Bitcoin Blitzes the $30K Line (But Can It Hold?)

April 11, 2023

CAUTION ADVISED Ahead of This Week’s Inflation Data!

August 12, 2024

EBAY Cannot Hold a Bid

October 12, 2023

How You Can Reduce Risk and Improve Timing When Swing...

April 13, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,630 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,320 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,302 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,185 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Three ETFs Suggest Further Downside

    September 16, 2023

    Start Trading Like a Pro with...

    November 2, 2023

    MEM TV: How to Trade Nvidia...

    May 25, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here