5/20/2024 - The market eked out a gain on Friday. The operative word is
‘gain’ as bias has shifted back to the upside. Part of
what’s propelling the market is a kind of animal spirit. In
the wild, dominant animals like lions and tigers are more
likely to fail to accrue the energy needed to breed than
herbivores like zebra.
That same high-risk spirit is
dominating the stock market
right now, and many investors are bailing out of stocks with
great value to play the lion and cheetah g...
Payne's Perspective: May 13, 2024: Searching for Value
5/13/2024 By Charles Payne CEO & Principal AnalystThere were no major key macro data releases last week, which was a blessing. It was more than a blessing, as the S&P 500 climbed +1.9% - three times the historical average (+0.62%). It was more than a blessing, as the S&P 500 climbed +1.9% - three times the historical average (+0.62%). The same
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