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Payne's Perspective: November 27, 2023: Mid-Caps Ready To Lead?

By Charles Payne CEO & Principal Analyst

The skeptics are struggling after a summer of delight that saw bond yields surge and stocks stumble; bonds and equities are building a hell of a head of steam heading into the end of the year. The 8.7% November rally is one of the best in history for the year's penultimate month.

The Overlooked Middle

Like the middle child, these stocks aren’t considered large or small caps. However, they get the short end of the stick when it comes to attention. But last week, medium-sized growth was the best size/style performer.

The MDY-S&P Midcap 400 SPDR ETF is on fire, surging through its 50 and 200-day moving averages.

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

Charles Payne
Wall Street Strategies


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