Steve Sosnick, Interactive Brokers’ chief strategist, discusses what trends he’ll be watching as the first quarter draws to an end.
Two big variables in the weeks ahead, according to Sosnick, will be the US Federal Reserve’s rethink on monetary tightening and the ongoing Brexit drama in the United Kingdom.
Photo Credit: Rosemarie Voegtli via Flickr Creative Commons
The stability we’ve seen over the past week has faded, and natural flows will drive the market again.
US large-cap stocks generally have stronger balance sheets
Stocks got off to a rough first week of the new year, with tech names leading the week’s decline. Several market observers called it the ‘reverse Goldilocks’ effect, where the market decided investors were getting a little too excited over the prospect of a Fed rate cut.
Stocks can take a hit even after strong earnings beats. An active manager who knows the stock and its psychology well can help position you around such events.
