Charles Payne's Market Commentary

Afternoon Note

Nice Market Bounce

By Karina Hernandez, Senior Research Analyst
11/15/2022 1:38 PM

I have been overwhelmed with replies to my birthday. It really touches my heart and makes me want to do more. I'm so grateful for everyone that took the time and for all the kind words. I take them to heart.

Charles. V Payne

The market is showing a nice bounce after more inflation data came in lower than expected. This morning’s read adds more fuel to the fire for those who feel we may finally be on the road for a downward inflation trend.

The 10-year note is seeing its largest fall since last Thursday.

Communication Services leads this afternoon, thanks to a big gain from Paramount (PARA) after Berkshire Hathaway disclosed an increased position in the company in its 13F filling.

Broad buying interest across the board but there are more lows on the Nasdaq.

Market Breadth	NYSE	NASDAQ
Advancers	2,613	3,278
Decliners	505	1,173
New Highs	54	83
New Lows	16	88
Up Volume	2.16 billion	2.58 billion
Down Volume	417.3 billion	594.1 million

Market is of highs after reports of two Russian missiles fell on Poland.

Comments

Happy Birthday Charles!

Richard Curto on 11/15/2022 1:47:50 PM

Hey Charles, I have been a member for 1 yr. All my trades were authored by Wesley Mah on your team. My account has more than doubled the loss of the S&P. I find it very disingenuous for you to proclaim that you can help us make more money AND not lose as much money than the S&P. I just heard you say that again while being a guest on Fox & Friends. I asked for another year of your service at no charge, but was denied. I was granted a full refund for the year. Obviously, I am not a fan of your service and of your boasting about your service. Sincerely, Michael High

Michael High on 11/15/2022 2:11:04 PM

........ 100 % TO THE BIG GUY !!

charlie euston on 11/15/2022 3:18:21 PM

Very Happy Birthday wishes to you Charles!! I have been an avid reader of your twice daily commentary for many years. Your perspective, knowledge, experience and level headedness is so uplifting and calming particularly during so many of the difficult and unprecedented times we have been through over the past several years. I so appreciate your wisdom and guidance. Thanks so much for all you do.

Janette on 11/15/2022 4:50:11 PM

Charles - Belated Happy Birthday, and I hope you had a great day of it. I watch your show every day, and I have learned a great deal. And I share your concerns on where our Country and people are headed. Thank you for your insights and thoughts on both the financials and our Country. All the best, John Grattan

John Grattan on 11/16/2022 6:53:56 AM

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