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.
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The term refers to an investor’s pro-rated share in the earnings of the companies that he is in invested in.
Managers focus on winning sectors rather than picking individual stocks.
Ultimately I believe that solutions will be found, compromises made, and the animal spirits of capitalism will overcome governmental ineffectiveness.
Bulls and bears offer divergent outlooks for US stocks.
