Wall Street Strategies
Hello! Sign in or Register

Afternoon Note


By Charles Payne, CEO & Principal Analyst
5/30/2024 1:36 PM

Pending home sales -7.7%m/m was a disaster, but for those rooting for rate cuts it may move the needle.

Meanwhile, the uptrend remains intact on the S&P 500.

It is all about value, as the two top sectors have compelling value propositions. Technology (XLK) was the largest laggard today, with Salesforce (CRM) reporting a miss on revenue. 

A screenshot of a graphDescription automatically generated


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.