By Steve Sosnick, Chief Strategist at Interactive Brokers
Steve Sosnick, Interactive Brokers’ chief strategist, discusses this week’s market dynamics in the final trading sessions of the year.
The political drama in Washington regarding President Biden’s Build Back Better legislation has grabbed the headlines.
However, the technical underpinnings of the stock market have been weak for some time, according to Sosnick. And the uncertain impact of the Omicron variant remains a wild card.
Sosnick unpacks the market forces shaping stock prices as 2021 winds down.
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This post first appeared on December 21 on the Traders’ Insight blog.
Photo Credit: thenails via Flickr Creative Commons
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