1/26/2015
By Charles Payne, CEO & Principal Analyst

It's been a wild year The Message of ups and downs- very manic action that's obviously unsettling as if the market is grappling for direction and guidance.

Let's talk about the message of the market; last week, airlines were the best performing industry for obvious reasons, but how do we explain gold and employment agencies? Gold moving higher as an alternative to other currencies is not a great sign for the world, but some of the move is technically based on traders jumping on the bandwagon. The good news could be employment agencies performing well- we need them to become market leaders. 

On the other side of the coin, delivery stocks were walloped following the lead of a big earnings miss at United Postal Service (UPS). Kimberly-Clark (KMB) hurt as personal products brought in less revenue and steel was simply crushed. 

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Charles Payne
Wall Street Strategies

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