Recent stock gains may have been too 'explosive,' but falling bond yields should continue to boost equities, technical strategist says

• Technical strategist Katie Stockton said that recent stock gains have been "explosive."
• Rallies like the one that's kicked off November are more common in bear market cycles, Stockton said. 
• But falling bond yields should continue to provide a boost to stocks if the pullback persists. 

Stocks are off to a red-hot start in November, and though equities' "explosive" gains may look more like what's seen in bear market cycles, falling bond yields should continue to provide a boost, technical analyst Katie Stockton said.