S&P 500 in Bullish Formation and Could Top 3,000, Instinet's Cappelleri Says

The video features a discussion on market trends during Fed Day, focusing on the S&P 500 and 10-year yield. Analysts highlight the failure of bearish patterns in the S&P 500, suggesting a potential rise above 3000. The 10-year yield is analyzed for its historical trends and potential bounce back. Additionally, the video covers the performance of healthcare providers and ETFs, noting their relative strength compared to the S&P 500.

What is one of the main reasons Frank Capillary believes the S&P 500 might continue to rise?

• An increase in global trade tensions

• A decrease in market volatility

• The failure of bearish patterns

• A significant drop in bond yields

What is the significance of the 2% level in the 10-year yield chart analysis?

• It is a support level

• It is the highest yield recorded this year

• It is a resistance level

• It is the average yield over the past decade

According to the analysis, what is the key area for the 10-year yield to watch for a potential bounce?

• 2.5%

• 2.35%

• 1.8%

• 3.0%

What pattern is observed in the healthcare providers' ETF (IHF) compared to the S&P 500?

• A bullish pattern

• A neutral pattern

• A declining pattern

• A bearish pattern

What was the market behavior of the IHF ETF in May compared to the S&P 500?

• IHF rose while S&P 500 declined

• Both IHF and S&P 500 declined

• IHF remained flat while S&P 500 declined

• IHF declined while S&P 500 rose