Payne's Perspective: November 15, 2021: Big Party versus Big Inflation
11/15/2021
It was an intriguing week that saw the market tested and come back nicely. The market was off for the week, but it could have been a lot worse. Instead, we saw where Tesla (TSLA) has officially become the most important stock in the market, wrestling that distinction from Amazon (AMZN), which has been mostly a spectator in this year’s rally. It was feast or famine with monster declines:
Materials (XLB) +2.60 was the only sector that had a meaningful pop ahead of today’s signing of the infrastructure bill. To read the full report, contact your account representative or email Research@wstreet.com
Charles Payne
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