Charles Payne
Charles Payne
Charles Payne quotes about
bias calm data few looks next somewhat
This really looks like the calm before the storm. The bias is still somewhat positive, you can see that with the Dow, but there's a lot of data to get through in the next few days.
buying fallen signal
To me, if we get the right signal on Friday, we'll see some of that buying go into fallen angels.
ability certainly guidance handle shows visibility
Visibility is important, even if the visibility is poor, because it shows you have a handle on the business. The ability to give guidance is certainly something of a comfort.
cannot fact ignore meeting releases
With the ECI and GDP releases this week, we cannot ignore the fact that the FOMC meeting is right around the corner,
buy corner eye somewhere telling
We've been telling subscribers to buy stocks, but this is just for one- or two-day trades. You can always buy but you have to get off the corner and get somewhere where you can at least keep an eye on these plays.
bounce leg
We still have a non-inflationary environment. I think this is more of an oversold bounce (for the Nasdaq). We'll see what kind of leg it has.
good low news nice
With the low volume, if we have some good news on Friday, we could get a nice jump,
disappointment cutting reality
We knew it was coming but there were some rumors of a possible 50 basis point cut (a half a percentage point) and every time that happens it sets us up for disappointments. The reality is a very large majority of people don't know how to react to this so they're taking their cue from the market. It's really indecision.
paying-taxes taxes
I don't like paying taxes, same as everybody else.
soccer jobs children
I think it's insane, absolutely insane for a person to have one of the highest and most important jobs in the entire world to be saying that he has to be at his children's soccer practice.
days holding instead last market negatives number reasons rose seeing texas today worse
We're seeing some selling, but today is interesting in that it's reminiscent of a number of days last week, where there are a lot of reasons for the market to be down much worse than it is -- the Dow rose yesterday, you have Texas Instruments and other negatives -- but instead it's actually holding in there better than we would have expected.