Bloomberg Market Wrap 3/21: SOX at Record High, Conagra, Utilities

The video discusses the performance of the Sox and chip index, highlighting a significant increase in the chip index and its potential future gains. It then shifts focus to the packaged foods industry, specifically ConAgra's acquisition of Pinnacle Frozen Foods, and the appeal of frozen foods to millennials. Finally, the video analyzes the utilities sector, noting its sensitivity to interest rates and the impact of the Fed's policy on the sector.

What was the percentage increase in the Sox this year as mentioned in the video?

• 40%

• 50%

• 20%

• 30%

Which indicator is mentioned as entering overbought territory in the discussion about the Sox?

• RSI

• MACD

• Stochastic Oscillator

• Bollinger Bands

What acquisition is ConAgra showing progress with, according to the video?

• Duncan Hines

• Birds Eye

• Pinnacle Frozen Foods

• Wishbone

Why are frozen foods considered 'Amazon proof' as per the video?

• They appeal to millennials

• They are difficult to ship

• They are cheaper than other foods

• They have a longer shelf life

Which sector is highlighted as having the most correlation with the momentum indicator?

• Technology

• Utilities

• Consumer Discretionary

• Healthcare