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Steve Sosnick is the Chief Strategist at Interactive Brokers (IBKR), which provides online trade execution and clearing services to institutional, professional and individual investors for a wide variety of electronically traded products including stocks, options, futures, forex, bonds, and funds worldwide.

Interactive Brokers

January 19, 2021

What Will Yellen Be Tellin’ Us?

After a down day, an expiration Friday no less, it was not surprising that the first move for major indices this morning was higher. Yet even the most reflexive upward moves require some sort of explanation, and today’s move was attributed to excitement over today’s Senate testimony by Janet Yellen.

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