Payne's Perspective: November 8, 2021: The Perfect Storm
It was an extraordinary week for the market that faced two major hurdles. Yet, not only did the market clear these hurdles, but it also landed with more vigor and vitality. In many ways, it was remarkable because it felt as if the fix was in for the narrative to change, triggering a mad dash for the exits. By the end of the week, it was investors racing into the fray for a piece of the action.
The S&P 500 continues to lead the pack. But the NASDAQ Composite, buoyed by big tech and communication names, and the Russell 2000 (after breaking out) are coming on like gangbusters;
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