Wall Street Strategies
Hello! Sign in or Register

Morning Commentary

Future Rally Blueprint

By Charles Payne, CEO & Principal Analyst
8/19/2022 9:28 AM

I have to say, it was an impressive session that could have easily finished lower but somehow attracted buyers into the close; however, volume was anemic. Energy led the way and is now up for the month as it continues to lead for 2022, although way off its highest point.

Heat Map

It might be the combo that could lead a sustainable post-Fed saga rally – technology and energy leading the way.

Investor sentiment looks intriguing, considering the big bounce in stocks. Bullishness only 33.3% and bearishness edged higher, remains elevated over bullishness.

Portfolio Approach

There are no changes in the Hotline model portfolio.

Futures lower all morning although not signs of panic – I’m curious about the last hour of trading. 


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.