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Payne's Perspective: August 21, 2023: All Eyes on Nvidia

By Charles Payne CEO & Principal Analyst

It was another week where nothing worked…except Nvidia (NVDA).  But once again small caps underperformed mid and large caps.

Small caps have significantly underperformed the S&P 500 reflecting lost faith in the US economy.


Tech Did Better than You Think

It was a week of rough but not treacherous sledding.  Interestingly, pressure in tech garnered most of the attention as shares of Apple (AAPL) and Tesla (TSLA) continued to stumble. And yet, the best performing sector was technology.

On the other hand, consumer discretionary was walloped.

read the full report contact your account representative or email Info@wstreet.com 

Charles Payne
Wall Street Strategies


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