Market Bears Are Still in Charge: Fairlead's Stockton

The video discusses market trends focusing on equities, particularly the S&P 500, and its interaction with the 200-day moving average. It highlights the current dominance of bears in the market and the potential for a short-term relief rally. The video also examines yield trends, noting the potential for yields to rise due to long-term momentum and a major breakout from a downtrend channel.

What is the significance of the 200-day moving average in the context of the S&P 500?

• It is irrelevant to market analysis.

• It is a widely followed level but not a major resistance.

• It is a major resistance level.

• It indicates a long-term trend reversal.

What percentage of the S&P 500 constituents were overbought from a short-term perspective?

• 90%

• 60%

• 50%

• 76%

What differentiates the current uptrend in yields from previous ones?

• It is a temporary correction.

• It is based on short-term momentum.

• It follows a major breakout from a multi-decade downtrend channel.

• It is driven by fundamental analysis.

What is the expected target level for 10-year Treasury yields this year?

• 4.5%

• 4%

• 3.5%

• 3%

What resistance level stalled the latest up move in yields?

• 3.25%

• 3%

• 3.75%

• 2.5%