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
Earnings guidance was negative for seventh straight quarter.
CNBC this past Thursday (8/18) between Jim Cramer and Simon Hobbs on the question of whether we’re in another Lehman-type scenario right now: Source: CNBC,
OK, Facebook’s Q2 report was more or less a bust. But the earnings call provided insight about the potentially bright future for its mobile ads business.
Sustainable investment options are facing growing scrutiny
