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
Stocks edged higher over the four trading days last week, with the three major averages taking turns leading based on various economic and artificial intelligence (AI) news
The strong retail sales data for January, combined with a hotter than expected CPI yesterday and the burning hot jobs number from 12 days ago, continues to weigh on the disinflationary outlook.
It might be time for the Fed to take a pause on rate cuts
Matt McAleer, with Cumberland Advisors, discusses market risk
