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
The market impact and debate over Fed tapering is fierce.
If you want to be like Warren Buffett and be greedy when others are fearful, the level of continued market apprehension may make the case for buying stocks.
The whole Y2K problem stemmed from an issue that now seems anachronistic, but its market implications were felt for some time.
The performance of utility stocks in coming weeks and months could provide cues for both your offensive and defensive investing strategy.
