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Payne's Perspective: November 11, 2024: Morning in America

11/11/2024
By Charles Payne CEO & Principal Analyst

The stock market is thrilled with the election outcome.

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S&P 500 Map

Investors dumped defensive stocks and poured into financials (fewer regulations).

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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
Wall Street Strategies


 

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