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Afternoon Note

According to Script

By Charles Payne, CEO & Principal Analyst
5/6/2021 1:13 PM

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The market came out the gate according to script, with Technology going straight down, while the broader market moved sideways.

But buyers are kicking the tires and some buying has emerged in Technology and other growth sectors.

The big winner today is Kellogg (K), which posted strong results and is being rewarded by the street. Ironically, the CEO says inflation is real and powerful and will only get worse at the end of the year and cost will have to increase.

S&P 500 Index



Communication Services XLC



Consumer Discretionary XLY



Consumer Staples XLP



Energy XLE



Financials XLF



Health Care XLV



Industrials XLI



Materials XLB



Real Estate XLRE



Technology XLK



Utilities XLU



I think we’ll get more than one million jobs, but tempered wages will actually create an atmosphere of Goldilocks. It’s time to get ready to pounce on some of the most oversold stuff that’s down on emotions not fundamentals.


on FOX Business w/ Larry Kudlow you ,mentioned a steel stock, what was it?

Al Clarke on 5/6/2021 8:30:04 PM
Love Making Money on Fox with Charles Payne

Lorin K on 5/6/2021 9:37:32 PM

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