Payne's Perspective: February 20, 2024: Stay In The Game, But Don't Get Cooked
2/20/2024
It was an intriguing week for the market, marking a turn of fortune - or simply solid and robust trends taking a long overdue hiatus.
Market Breadth The NASDAQ Composite and the New York Stock Exchange (NYSE) had more advancers than decliners, even though the S&P 500 finished lower. New highs swamped new lows, especially on the NYSE, as buying moved beyond mega-cap growth. Then, there’s volume, which points to buyers having more conviction and urgency than sellers. To read full report contact your account representative or email Info@wstreet.com.
Charles Payne
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