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
Look past the politics and read the latest from George Soros if you want to understand the underpinnings of the euro crisis.
The enthusiasm for all things related to artificial intelligence is akin to that of the dawn of the internet, though many of the circumstances are quite different.
Markets were quiet Monday but opened lower Tuesday in response to the January inflation report that showed higher-than-expected consumer prices.
It’s not often that you get a clean sweep of bullishness across the board. But when all of these indicators rise simultaneously, it typically isn’t associated with rising stock prices; one would expect stocks to decline.
