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 Fed is trying to combat a debt deleveraging cycle and widespread fear.
Financials may shine post Fed rate cut, with strong fundamentals and earnings growth creating new investment opportunities in the sector.
Utilities are the worst-performing sector this year by a wide margin.
My favorite scenario is a panic sell-off, because a reaction trade on the long side would offers what I consider a compelling risk-reward situation.
