Payne's Perspective: April 1, 2024: Powell's Perilous Jobs Pivot
4/1/2024
The train keeps rolling along. The S&P 500's advance ahead of the NASDAQ Composite was unexpected this early into 2024. The real story is the lack of volatility and one hundred trading sessions without a 2.0% down session. Lots of movement in this market, as all three growth sectors were lower last week. Coming into the year, I said a big test would be the market rallying with the mega-cap down or sideways. Last week, the Heat Map added more little boxes than big red ones. To read the full report, contact your account representative or email Info@wstreet.com.
Charles Payne
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