Steve Sosnick, Chief Options Strategist, Interactive Brokers Group, looks ahead to a crucial earnings season for investors.
With worries about the US economy slowing down, this earnings reporting period will be one to watch closely.
Here’s Sosnick’s take:
Photo Credit: reynermedia via Flickr Creative Commons
Is this bull market the real deal?
Small caps underperform as yields rise due to higher financing costs and limited ability to refinance debt compared to large caps.
At the beginning of the week, stocks surged, anticipating fourth-quarter corporate updates from tech companies and the Federal Reserve’s two-day policy meeting; this led to the S&P 500 Index reaching a new record high on Monday.
There were signals of some uncertainty about the pace of future rate cuts, which slightly unsettled the markets.
