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Payne's Perspective: September 13, 2021: Let The Sunshine In

9/13/2021
By Charles Payne CEO & Principal Analyst

Last week’s sessions never got out of the three-day weekend mode, or the sense that summer was ending. In addition, the twentieth anniversary of 9/11 hung in the air every day, and while I have no idea what it meant for the stock market (for me), it filled each day with a sense of melancholy. As a result, the activity was lackluster, with the lightest volume of the year and with internals reverting negatively after improving the week before.

Market Breadth (weekly)

NYSE

NASDAQ

Advancers

983

1,463

Decliners

2,491

3,267

New Highs

285

319

New Lows

97

157

Up Volume

5.8 million

8.1 million

Down Volume

8.9 million

8.3 million

It has been a year of streaks, and last week, it was a series of down days.

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Charles Payne
Wall Street Strategies


 

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