BAML Chief Strategist Says S&P Will Hit 2,400 This Year

The video discusses the current trends and outlook for the S&P 500, highlighting a bullish perspective with potential targets of 2400 by mid-year and 3000 by 2019. It addresses tactical concerns, such as market pauses and the VXV to VIX ratio, which could indicate a pullback. The discussion includes market support levels, buyable dips, and the significance of volume indicators. The NASDAQ's leadership and historical market trends are also analyzed, emphasizing the importance of monitoring short-term indicators for potential buyable dips.

What is the predicted S&P 500 level by mid-year according to the analysis?

• 2200

• 2400

• 2600

• 2800

What does a VXV to VIX ratio below 1.17 indicate?

• Decreased market risk

• Increased market risk

• Decreased market volatility

• Increased market stability

Which technical indicator is NOT mentioned as a trigger for a market dip?

• VXV to VIX ratio

• William R Indicator

• Moving Average Convergence Divergence (MACD)

• RSI

What is the significance of the NASDAQ's position relative to its channel lines?

• It indicates a potential breakout

• It confirms a market crash

• It suggests a market correction

• It shows a bearish trend

What does the volume intensity model measure?

• Interest rates

• Buying and selling volume

• Stock prices

• Market volatility

What historical event is compared to the current NASDAQ breakout?

• The 1987 stock market crash

• The 2000 dot-com bubble

• The 1954 S&P and Dow breakout

• The 2008 financial crisis

What is the long-term outlook for the market according to the analysis?

• Uncertain

• Neutral

• Bullish

• Bearish