Wall Street Strategies
Hello! Sign in or Register


Afternoon Note

Reports Spark Market

By Charles Payne, CEO & Principal Analyst
3/8/2022 1:15 PM

We are still looking for confirmation, but these reports about Ukraine put a spark into the market.  If the Russian invasion is halted, there will be huge sigh of relief.

Overall, the action is very intriguing with airlines higher and travel popping as well.

I like the way the market is acting here, as key support points have held up very well.  We got a hint of how much of a coiled spring this market is right now – stocks want to rebound; although, that’s different than moving back to all-time highs.

I think it’s too late to be seller and you should be looking at individual opportunities


 

Log In To Add Your Comment


Home | Products & Services | Education | In The Media | Help | About Us |
Disclaimer | Privacy Policy | Terms of Use |
All Rights Reserved.

 

×