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Payne's Perspective: July 5, 2023: A Spartan Effort

By Charles Payne CEO & Principal Analyst

What a first half it was for the stock market. The more the experts screamed bloody murder, the higher the market raced. While there was a ton of rationales for missing the rally, it didn’t matter. The books are closed.

While there was profit-taking in tech last week, the safe havens were down, or lackluster, as growth continues to dominate. The most problematic sector is Energy (XLE), which never got in gear despite all the stars being aligned.

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Charles Payne
Wall Street Strategies


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