Relative Strength in Renewables | GoNoGo Charts (09.22.22)

Alex and Tyler assess the acceleration of the "NoGo" for US equities ($SPY) in the wake of the latest rate hike ($TNX) . Go trends for US Dollar and Government Yields are uninterrupted, but the energy space is full of rotation. Alex and Tyler review the trends in First Solar Inc (FSLR) and solar ETF "TAN" for options in "Go" trends. More importantly, they look to an inflection point in the relative performance of solar vs gasoline (TAN:UGA)

00:00 - Intro
01:20 - GoNoGo Cross Asset Heat Map
02:35 - S&P 500 Daily
09:40 - 10-year Treasury Yield ($TNX) - Daily
14:55 - US Dollar (USD - UUP) daily then weekly
17:00 - US Oil (USO),
18:20 - Gasoline Index ($GASO), First Solar (FSLR)
22:00 - TAN:UGA -Solar ETF/US Gasoline Fund
23:30 - GoNoGo RelMap: S&P 500 Sector Relative Strength Against Benchmark

Website: https://www.gonogocharts.com/

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