StockCharts TV: Active vs Passive Investing

8 months ago 313 views 2 min read

Tyler Wood, CMT

Chief Operating Officer

GoNoGo Charts

StockCharts TV: Active vs Passive Investing

As the S&P 500 digests the rally to all time highs, Alex Cole and Tyler Wood, CMT take a look at GoNoGo Trend® conditions of several areas of the market. Amongst US equity indices, the Nasdaq and S&P offer more constructive conditions than the Dow. This week we will look at the disparity between leaders and laggards within the Dow which suggests that passive indexing may be problematic in range bound markets.

00:00 Introduction
00:52 Daily S&P 500 ETF (SPY)
05:10 Weekly S&P 500 ETF (SPY), Weekly 10-Year Treasury Yield ($TNX), Daily 10-Year Treasury Yield ($TNX)
08:42 Invesco DB US Dollar Index Bullish Fund (UUP), SPDR Gold Shares (GLD), S&P 500 ETF (SPY)
14:28 Dow Jones Industrial Average INDX ($INDU), Nike (NKE)
20:26 Boeing Co (BA), Apple (AAPL), Home Depot (HD)
24:15 McDonalds Corp (MCD), Visa Inc (V), Daily S&P 500 ETF (SPY)
29:01 iShares Semiconductor ETF (SOXX), NVDIA Corp (NVDA)