The S&P Hit New Highs. Katie Stockton Is Watching for a Whipsaw.

The S&P 500 pushed to new highs and cleared its final resistance, which looks bullish on the surface. Technician Katie Stockton of Fairlead Strategies joins Chris Vecchio to pressure-test it: a breakout this fresh needs to hold for more than a day, and the weekly momentum work is showing negative divergences that could give way to a whipsaw. They walk sector rotation and why equal-weight quietly led while big tech stalled, energy topping the tables in July, the Mag 7 coming back on earnings, and the risks into a choppier second half. Stockton also reads gold's relief rally against a recent model breakdown, plus where Bitcoin is basing. All views are Stockton's own and this is not a recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters: 00:00 Meet Katie Stockton 00:29 New highs and confirmation 01:43 What went wrong in July 03:25 Has momentum reignited 04:45 Equal weight quietly led 05:23 Sector rotation returns 06:50 Who is really in charge 07:36 Energy led in July 09:19 Breakouts worth watching 10:13 Risks into the second half 11:55 Gold finally gets going 12:25 Why Bitcoin keeps struggling 13:34 Wrapping up with Katie #tastylive #tradingtrends #katiestockton #technicalanalysis #stockmarket #sp500 #options #gold #bitcoin #sectorrotation tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.