Frank Cappelleri is a veteran market technician and the founder of CappThesis. He joins Phil Rosen on Full Signal to discuss the S&P 500 path to 7,400, the rotation back into technology and financials, the bullish setup in software after the worst month since 2008, why oil and the 10-year yield are moving in lockstep, and how bitcoin and ethereum are now trading in sync with the software trade.
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Timestamps:
0:00 - Intro
0:20 - S&P 500 7,400
3:21 - Liberation Day similarities
3:51 - Technology ready to lead
4:52 - XLK vs XLE ratio chart
7:10 - Price action vs headlines
8:39 - 10-year yield and oil
10:51 - Software's bullish setup
13:57 - Charts vs fundamentals
15:23 - Most bullish sectors
16:44 - Outlook for rest of 2026
17:28 - Sectors to avoid
19:45 - What clients fear most
21:42 - Software trade setup
22:54 - Bitcoin and ethereum
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#podcast #investing #markets #macro #stocks #bitcoin #fed
