Payne's Perspective: November 11, 2024: Morning in America
11/11/2024
The stock market is thrilled with the election outcome. Investors dumped defensive stocks and poured into financials (fewer regulations). Factors & Breadth Small-caps got all the press, but midcap growth was the best-performing factor. It's hard to underscore just how impressive the market breadth was during the week. Perhaps there were more 52-week lows on the NASDAQ Composite, but up-to-down volume screamed enthusiasm. Other winners of Trump's victory include Bitcoin. To read the full report, contact your account representative, or email Info@wstreet.com
Charles Payne
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