8/15/2022 - The total stock market is on the move, finishing at the high
of the week and extending the winning streak to four weeks.
However, there are big hurdles ahead that, if cleared, will
spark serious panic buying. Meanwhile, growth continues to
reclaim the leadership role.
Every sector sees a
majority of its components above their
50-day moving average, but interestingly, the sharp retreat
in Energy (XLE) makes it the sector with the fewest names.
Ironically, XLE still has a...
Payne's Perspective: August 8, 2022: Market Resolve Confounds8/8/2022 By Charles Payne CEO & Principal Analyst
It was a very interesting week that saw the market exhibit amazing resolve at several points, including on Friday when the narrative was to brace for a massive hit after that “great” jobs report. Before the open on Friday, equity futures began to freefall, as bond yields raced higher. The talking Read more