Tom Sosnoff

Why a ‘nasty’ 10% to 15% sell-off in the stock market could be months away

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Why a ‘nasty’ 10% to 15% sell-off in the stock market could be months away

Veteran businessman and founder of Thinkorswim Tom Sosnoff is a contrarian by nature. And where the markets are currently trading, it has set off a few internal alarm bells. “It’s not that I think we’re going to come and crash or anything like that, but I just think the odds favor the downside in the … Read more

Nvidia is a ‘very boring idea’ and could lose its market cap crown, says market veteran

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Nvidia is a ‘very boring idea’ and could lose its market cap crown, says market veteran

The hottest AI trade on Wall Street has officially become “boring.” “Nvidia would be a very annoying idea … because we all know the story,” serial entrepreneur Tom Sosnoff said in Yahoo Finance’s Opening Offer. The former founder of Thinkorswim and Tastytrade argued that despite the technological dominance of Nvidia, the history of the stock … Read more