S&P 500 Will Climb to 3,050, Instinet's Cappelleri Says

The video discusses current market trends, highlighting a divergence between NASDAQ and S&P 500. It draws parallels with historical market patterns from 2011, suggesting potential new highs for S&P 500. The discussion includes interest rate trends and the impact of Fed policies on yields. The video also explores high momentum and growth trades, focusing on healthcare and medical device sectors, and the potential risks and rewards involved.

What are the implications of the Fed's expected rate changes on the market?

Discuss the performance of the medical device ETF and its trends since 2016.