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
Days between October 1 and December 31, 2010: 92 ExxonMobil (XOM) earnings for this period: $9,250,000,000 XOM earnings per day during this […]
The New York Times created this infographic about exploiting the local grocery store’s salad bar for the most value (click for full […]
Recent rally will provide a temporary relief to anguished markets
QE is all about forcing the banks’ hand, pushing them to lend cash that will reinvigorate the economy.
