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Afternoon Note

Mondayís Reflection

By Charles Payne, CEO & Principal Analyst
6/25/2024 1:27 PM

If you could put a mirror against yesterday's session you would get what's happening in the market today.

It's Nvidia (NVDA) and the fear of missing out (FOMO) crowd.

The Russell 2000 continues to plunge, but crude and gold are also beating a hasty retreat. 

Consumer Confidence

Consumer confidence came in at 100.4, down from May’s reading of 101.3. This change was centered within the 35-54 demographic. Those under 35 or older than 55 saw their confidence improve this month.


 

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