Charles Payne's Market Commentary

Afternoon Note

Spunk

By Charles Payne, CEO & Principal Analyst
6/15/2020 1:21 PM

The market exhibiting the kind of spunk that was the key characteristic of 2019 and the rebound since March 23^rd. Market breadth is still bearish, but volume is light.

Breadth	NYSE	NASDAQ
Advancing	1,196	1,709
Declining	1,735	1,550
Unchanged	65	58
Total	2,996	3,317
52 Week High	20	35
52 Week Low	5	11
Up Volume	1.05B	1.36B
Down Volume	1.50B	877.28M
Unchanged	11.57M	18.07M
Total	2.56B	2.25B

Only three sectors are higher, led by Communications Services. The mix of winners includes:

Oneok, Inc. (OKE) up on a Supreme Court decision on natural gas
Lennar (LEN), which reports after the close

S&P 500 Index		-0.20%
Communication Services XLC	+0.76%
Consumer Discretionary XLY		-0.36%
Consumer Staples XLP	+0.26%
Energy XLE		-0.63%
Financials XLF		-0.25%
Health Care XLV		-0.67%
Industrials XLI		-0.20%
Materials XLB		-0.11%
Real Estate XLRE	+0.03%
Technology XLK		-0.04%
Utilities XLU		-0.02%

Add Your Comment

PREVIOUS COMMENTARY

9/18/2020 1:59 PM	Tik Tok
9/18/2020 9:39 AM	SIFTING FOR THE GOOD STUFF �
9/17/2020 1:46 PM	Cash To Buy
9/17/2020 9:49 AM	POWELL PUNTS
9/16/2020 1:40 PM	Let It Snow
9/16/2020 9:20 AM	ALL EYES ON THE FED
9/15/2020 1:58 PM	Shake Out Continues
9/15/2020 9:14 AM	REBUILDING WITH BRICKS & MORTAR
9/14/2020 1:44 PM	Bulls Back
9/14/2020 8:44 AM	Tug of War
9/11/2020 1:32 PM	Another Seesaw Session
9/11/2020 9:35 AM	NEVER FORGET
9/10/2020 1:36 PM	Swaying Back and Forth
9/10/2020 9:09 AM	DON�T BURY THIS RALLY YET
9/9/2020 1:51 PM	What a Difference
9/9/2020 9:15 AM	IS THE SNOWBALL BECOMING A BOULDER? �
9/8/2020 1:14 PM	Not Picking A Bottom
9/8/2020 9:30 AM	Growth Pullback Continues
9/4/2020 12:57 PM	Well Off The Lows
9/4/2020 9:31 AM	BIGGEST TEST SINCE CRASH
9/3/2020 1:25 PM	Focus on Fundamentals
9/3/2020 9:19 AM	YOUR HEALTH IS YOUR WEALTH
9/2/2020 2:06 PM	Parking Profits
9/2/2020 9:07 AM	SUPER V: THE REAL STORY
9/1/2020 2:14 PM	Tech Domination
	Complete commentary archives