Steve Sosnick, Interactive Brokers’ chief strategist, discusses the S&P 500 and if he sees the current momentum continuing in the stock market.
Sosnick sees solid momentum behind the current market rally. Corporate earnings are solid and the US Federal Reserve has backed off further rate hikes.
Photo Credit: Lukas Schlagenhauf via Flickr Creative Commons
Global trade tensions and the Fed are wild cards for traders
Consumer confidence fell to its lowest point since November, a shockingly bad result that surprised several investment managers on the Covestor platform.
India is a fast-growing economy and world’s biggest democracy
Peter Thiel, one of Facebook’s earliest and best-known investors just cashed out most of his stake — another potential warning sign for the company’s stock.
