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Payne's Perspective: January 22, 2024: Making History for the 1,176th Time

By Charles Payne CEO & Principal Analyst

It was bound to happen, but there was room for doubt after two years. The S&P 500 finished at a new all-time high after a week of powerful moves in Technology (XLK). The other growth sectors, Consumer Discretionary (XLY) and Communication Services (XLC), also posted a strong week.

Financials (XLF) also look and act more intriguing.

The good news might only be just beginning. History shows the market does extremely well after logging in a new all-time high after a dip, rallying 74% of the time, 10% over the next year, and 87% of the time, 31% over the next three years. Do I have your attention now?


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

Charles Payne
Wall Street Strategies


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