11/14/2022
By Charles Payne CEO & Principal Analyst

What a thrilling week in the investing world as stocks climbed off the canvas and crypto took another punch in the gut. The week was extremely important for the market, as another strong Consumer Price Index (CPI) report might have derailed hopes of a year-end rally and made a so-called soft landing an even longer shot.  a thrilling week in the investing world as stocks climbed off the canvas and crypto took another punch in the gut. The week was extremely important for the market, as another strong Consumer Price Index (CPI) report might have derailed hopes of a year-end rally and made a so-called soft landing an even longer shot. 

• S&P 500 (SPX) 5.9 / -16.2
• Nasdaq Composite (IXIC) 8.1 / -27.6
• Dow Jones Industrial (DJI) 4.1 / -7.1
• Russell 2000 (RUT) 4.6 / -16.1
• CBOE Volatility Index (VIX) -8.5 / 30.8
• CBOE 10 Year Treasury Yield Index (TNX) -0.3 / 2.3
• West Texas Intermediate (WTI) -3.9 / 18.3

Market breadth improved, especially last Thursday when 93% of names in the S&P 500 rallied.

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

Charles Payne
Wall Street Strategies

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