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
Covestor model manager Bill DeShurko told me at the free NextInvest online conference that he doesn’t like what he sees right now in the market charts — particularly as it relates to riskier investments.
You may hold a stellar investment that has an effective credit rating that tops AAA-rated Treasuries: your home mortgage.
Why this market continues to rely on external help
Adage is favoring neither bulls nor bears, although the final verdict won’t come in until Halloween.
