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Payne's Perspective: March 18, 2024: Emotions Boiling Over

By Charles Payne CEO & Principal Analyst

The rally continues to impress since the October 2022 start and the October 2023 reboot. 

Retail investors continue to pour in fresh cash, frustrating Wall Street, although the retail investors have been much more intelligent than the experts. Last week, a record-shattering $56.1 billion flowed into equity funds.

There is a sense that the market is due for a pullback, and that’s a correct assumption based on history. It's rare to go three months without a 3.0% pullback. Historically, this market could be up for a 5.0% decline over the next five weeks.

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

Charles Payne
Wall Street Strategies


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