Steve Sosnick, Interactive Brokers’ chief strategist, discusses what trends he’ll be watching as the first quarter draws to an end.
Two big variables in the weeks ahead, according to Sosnick, will be the US Federal Reserve’s rethink on monetary tightening and the ongoing Brexit drama in the United Kingdom.
Photo Credit: Rosemarie Voegtli via Flickr Creative Commons
Did you know that the S&P 500 is up 16% so far this year and has more than doubled off the 2009 lows? Investors in a recent poll thought stocks were still down.
Defensive stocks have had a big run since May, but now is not the time to buy them, says Bill DeShurko, manager of the Dividend and Income Plus model.
It’s about breaking things.
A stock market rally into the latter months of 2012 looks iffy, at best, judging by the latest chart of market breadth.
