Sentiment Is Only Risk to Bull Market, Fairlead's Stockton Says

The video tutorial discusses the momentum observed in the tech sector and defensive stocks, highlighting bullish breakouts and the significance of resistance levels in the S&P 500. It explains how to identify market exhaustion through overbought conditions and the use of tools like the stochastic oscillator. The tutorial also addresses the current market sentiment, noting that while there are extreme readings, they are not confirmed by other indicators, suggesting sentiment as the primary risk to the market.

What are the implications of defensive stocks exhibiting momentum?

In what ways do extreme readings in market sentiment affect trading decisions?