Katie Stockton, founder and managing partner at Fairlead Strategies, joins us for her quarterly technical outlook on markets, sectors, and asset classes. In this episode, Katie breaks down what her indicators are showing for equities, discusses the implications of new DeMark signals on the S&P 500 and Nasdaq, and explores opportunities across sectors like healthcare, utilities, and energy. She also analyzes key macro charts including gold, oil, Treasury yields, and the dollar, and explains how investors can use technical analysis to manage risk and identify trends heading into year-end. Main topics covered: • The current technical setup for the S&P 500 and how Katie reads market momentum • The role of moving averages, MACD, and DeMark indicators in her process • Breadth, sentiment, and seasonal factors influencing market direction • Why the AI and tech rally may be entering a more selective phase • Sector analysis: healthcare, utilities, energy, and consumer staples • Trends in financials and what’s driving sector rotations • Overview of the Fairlead Tactical Sector ETF (TACK) and its positioning • The broadening theme, mega-cap leadership, and market concentration • Technical outlooks for gold, oil, Treasury yields, and the dollar • How correlations between bonds and equities are evolving • Key risk metrics Katie is watching into year-end Timestamps: 00:00 Introduction and S&P 500 setup 04:15 How Katie uses key technical indicators 07:00 Reading trend strength through moving averages 10:00 Balancing short- and long-term signals 12:00 Seasonality and sentiment in the current market 15:00 DeMark sell signals on the S&P and Nasdaq 18:30 What a correction could mean for the AI trade 20:20 Sector rotation and using technicals for allocation 23:30 Opportunities in healthcare and energy 25:30 Utilities and countertrend setups 27:20 Consumer staples and defensive positioning 29:00 Financials and recent weakness 31:00 Inside the TACK ETF and its strategy 34:10 Market breadth and mega-cap concentration 37:00 Gold’s breakout and sell discipline using technicals 41:00 Oil’s setup and resistance levels 43:15 10-year Treasury yield analysis 46:20 The dollar index and its key levels 48:15 Relationship between stocks and bonds 51:10 Final takeaways and closing
