1/11/2021
By Charles Payne CEO & Principal Analyst

Just as we were settling into the notion of a more orderly and less stressful New Year, all hell broke loose. Heartbreaking images from the week will stay with us forever. I hope at some point, we’ll use this as a rallying cry for solutions rather than fodder for more division.

The stock market had a moment out of the gate that had folks wondering if the special rally moved on with Father Time. The first day of trading began with a monster swoon rivaling record first-day declines in history. They all climbed off intraday lows to finish down by only 1.5%.

The buy-on-dips crowd was still waiting in the wings, so when the dust settled on the week, the market was still in Beast Mode.

To read the full report, contact your account representative or email Research@wstreet.com

Charles Payne
Wall Street Strategies

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