Payne's Perspective: June 6, 2022: Super Bad to Superbad

6/6/2022
By Charles Payne CEO & Principal Analyst

It was a tough week for the market, but one with pockets of hope and signs of a bottoming process. Market breadth improved dramatically, and new highs outpaced new lows on the New York Stock Exchange (NYSE).

Market Breadth	NYSE	NASDAQ Composite
Advancers	1,520	2,462
Decliners	1,977	2,791
52-Week Highs	155	134
52-Week Lows	112	436
Up Volume	8.0 billion	8.7 billion
Down Volume	11.5 billion	10.6 billion

New highs and lows trends are great harbingers for major turns in the stock market.

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

Charles Payne
Wall Street Strategies

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