Steve Sosnick, Interactive Brokers’ chief strategist, discusses profit taking, IPOs, and how the market is quite speculative these days.
Aiming for high returns is the whole point of investing of course.
But it’s crucial to manage your risk in a market like this.
Photo Credit: Pictures of Money via Flickr Creative Commons
A global pandemic has made video conferencing the norm
The problems in Turkey risk spilling into other emerging markets
There is a backup list of screened stocks ready to be subbed into the Sustained Momentum model should any of the current investments start to falter.
September was a good month for the market as well as a good month for my own account. Seemingly climbing a wall of worry about renewed real estate foreclosures and concerns about the implementation of healthcare reform, and seemingly endless government red ink, the market found the S&P opening up at 1049 on September 1st and closing at 1,141 by the end of trading on September 30th. This marked the best September in over 50 years for stocks.
