How Markets Are Reacting to the Fed Rate Hike

The video discusses the impact of the Federal Reserve's actions on the 10-year Treasury yield and the broader market. It highlights a significant bullish bet in the options market and analyzes the muted reaction of the 10-year yield post-Fed comments. The discussion extends to the S&P 500, suggesting a bullish outlook due to constructive base building and risk-on leadership. The video also covers the broker dealer ETF, noting its performance above the 2007 peak and predicting further gains.

What factors contribute to the expectation of a continued flattening in the yield curve?

Discuss the significance of the S&P 500's resistance levels mentioned in the analysis.