What is the significance of the July monthly signal for the S&P 500?
S&P 500 Could Hit 3,500 Long Term, BofA Merrill's Suttmeier Says
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The video discusses the S&P 500 crossing 3000 for the first time, analyzing whether this breakout is sustainable. Historical market trends from 1998, 2012, and 2016 are examined, highlighting signals like the MACD. The video also compares the performance of utilities and financials, noting the impact of interest rates and market conditions on these sectors.
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In what way do financials appear to be positioned relative to the S&P 500?
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