Does “NoGo” for the S&P = NEW Opportunities for Active Investors?
Passive investing and closet indexers beware; the S&P 500 (SPY) signaled strong-form NoGo trend conditions on a daily basis this Thursday. However, in this edition of the GoNoGo Charts show, Alex and Tyler look at how this has signaled some opportunities for active managers who have a tactical process for capturing outperformance, as leadership rotates through new sectors and down the cap scale.
This video originally premiered on August 17, 2023. Click this link to watch on YouTube.