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
The collection and analysis of the second quarter 2010 financial statements is largely complete now and a broad based acceleration in corporate wealth is clearer. The average annual sales growth rate of the GEARS total market index is now positive and, over the past year, staged the sharpest “V” shaped improvement in the data record. Even with that unprecedented reversal, the average sales growth rate has recovered only to the cycle trough level of 2002.
Weakness blamed on everything from frigid temperatures, profit taking and stagnating incomes.
Major technological advances in the oil & gas industry have caused the U. S. to have an increase in oil production for the first time in over twenty years.
Author: John King, Quacera Covestor model: QPM Radar Disclosure: none Janet Yellen made a speech in which she put to rest any […]
