Bloomberg Market Wrap 2/13: S&P 500 Momentum, Divergence Trade, Russia

The video discusses the recent momentum in the S&P 500, highlighting its 17% rise from December lows and the RSI indicating potential overbought conditions. It compares the performance of US stocks with global markets, noting US outperformance. The video also covers the impact of proposed US sanctions on Russian markets, with the ruble weakening and Russian bank shares falling.

What does an RSI value above 70 typically indicate about a market index?

• The index is oversold

• The index is overbought

• The index is stable

• The index is bearish

Which index recently closed above its 200-day moving average, signaling a bullish trend?

• FTSE 100

• S&P 500

• Dow Jones Industrial Average

• NASDAQ Composite

What is the current trend in the performance of U.S. stocks compared to the rest of the world?

• U.S. stocks are underperforming

• U.S. stocks are outperforming

• U.S. stocks are stable

• U.S. stocks are declining

What recent geopolitical event has affected the Russian ruble and economy?

• A new oil discovery

• A peace treaty with Ukraine

• Proposed U.S. sanctions on Russian banks

• A trade agreement with China

Who is one of the lead writers of the bill proposing sanctions on Russia?

• Senator Mitch McConnell

• Senator Lindsey Graham

• Senator Bernie Sanders

• Senator Elizabeth Warren