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
Patrick O’Hare, chief market analyst at Briefing.com, makes the case for financials as an investment.
The stability we’ve seen over the past week has faded, and natural flows will drive the market again.
The Wall Street Journal introduces a new dollar index that offers improvements over the others already out there — at least in theory.
Stocks were under pressure following comments from Fed Chair Powell, who expressed concern about the ability of the Fed to balance its inflation and employment goals given the current trade situation.
