Steve Sosnick, Interactive Brokers’ chief strategist, discusses the S&P 500 and if he sees the current momentum continuing in the stock market.
Sosnick sees solid momentum behind the current market rally. Corporate earnings are solid and the US Federal Reserve has backed off further rate hikes.
Photo Credit: Lukas Schlagenhauf via Flickr Creative Commons
Why the world’s top managers may be finding these stocks attractive.
The stability we’ve seen over the past week has faded, and natural flows will drive the market again.
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It wasn’t what the market wanted to hear. But Ben Bernanke’s Jackson Hole speech gave a hint to what might trigger QE3: More bad news on the jobs front.
