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Afternoon Note

Real Tension

By Charles Payne, CEO & Principal Analyst
11/14/2022 1:33 PM

It's a slow-moving session, but the tension is real.  Bulls are trying to keep the momentum going but trying to lure folks out of foxhole isn't easy (fool me once, fool me a million times thing). 

Meanwhile, the market's vulnerability was seen after the New York Fed posted bumps in one-, three- and five-year inflation expectations. 

Interestingly, the market stumbled but found its footing quickly. 

It’s an eclectic mix today - the ultimate stock-pickers market.


 

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