Payne's Perspective: February 7, 2022: Eating Tulip
What a wild week for the market. It was the kind of week needed to get through to the other side of calm. That is not to be confused with a snap-back return to a galloping bull market but instead a steadier pace. The violent reactions to earnings culminating with the biggest single-session loss (Facebook) and biggest single session gain (Amazon) should moderate. However, when the dust settled, the net gains were the story.
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