Charles Payne

Posted May 05, 2015

The Dow rebounded on Friday, keeping the index in the plus column for the year, but over the past week, it was unable to break the down-trend line of lower highs and lows.

Posted May 01, 2015

There was no question the economy is soft, but the advance release of the first quarter of the U.S. Gross Domestic Product (GDP) hit like a punch to the gut.

Posted April 30, 2015

Don't look now, but the New York Mets are in first place and while Chris Rock's friends never heard of a Met, so far this baseball season reminds us that things can, and do, change.

Posted April 28, 2015

The NASDAQ may have just had the second most monumental breakthrough of a double top formation in stock market history.

Posted April 25, 2015

Thursdays session had the makings of the start of a classic pullback, but instead, it turned into the classic buy signal. Major equity indices were down early in the session on disappointing earnings news, only to reverse course and surge through huge resistance points and reach new all-time highs, at least for the Russell 2000, S&P 500, and NASDAQ.

Posted April 24, 2015

Recently, the adjusted for inflation wage growth recently broke out to its highest level since 1980. While this is a stat many view with suspicion, such as purchasing power parity (PPP), it could hint at more purchases from consumers.

Posted April 23, 2015

I know this week is about earnings, but we have gotten a few reads on housing, and they couldn't come at a better time.

Posted April 22, 2015

America has sent the USS Theodore Roosevelt into the Gulf of Aden, possibly to block supplies heading to Houthi rebels currently engaged in an effort to spread its control over Yemen.

Posted April 21, 2015

Why does the market have to correct? It has to correct because the rally is long in the tooth. Market bears have griped about the lack of a correction (which is a decline of 20% or more) for a long time.

Posted April 18, 2015

It was a dull day for the broad market, but there were individual winners. A resurgence of the initial public offering (IPO) market was relatively quiet, save for the high- profile debut of Box Inc. (BOX) and Shake Shack (SHAK). And until this week, with SHAK soaring, both IPOs were seen as a cautionary tale that buttresses the notion that 2014 was the top.

Posted April 17, 2015

The housing data will roll in again and it could reveal much more about the economy than the jobs report. There are interesting dynamics, such as the young adults who settle with paying rent, while putting off ownership. And for those looking to own, theres a growing appetite for new homes.

Posted April 16, 2015

On tax day, I know many Americans who live in the richest nation in the world who are poor, ailing, and in many cases, ignorant to why they're being shut out from all the luxury of the world.

Posted April 11, 2015

The big news, from the company that once boasted the largest market cap in the world, is that General Electric (GE) has thrown in the towel on its financial business which once made it the envy of the world. GE Capital is selling most of its operations and real estate for $26 billion, taking a $16 billion charge. Management is trying to comfort shareholders with a promise of $90 billion through a $50 billion stock buyback program and $40 billion in dividend payouts through 2018.

Posted April 09, 2015

Market bias has shifted higher, but the market still needs a catalyst. As we enter earnings season, the hope is guidance will confirm this is a soft patch and not the economy throwing in the towel after years of frustration and false starts.

Posted April 03, 2015

As volatility continues to be the order of the day, youre going to hear more and more about how this is like 2000 and 2007.thats not quite the case. Sure, its unnerving and frustrating, but the fact of the matter is that we've been spoiled.

Posted April 02, 2015

Believe it or not, April is historically the second best month of the year for stocks, second only to the month of December.

Posted April 01, 2015

Much is being made over what ails the economy and it often comes back to the consumer(s) still reluctant to spend. This is certainly a theory that gained credibility when Americans put their gas savings inside empty coffee cans.

Posted March 27, 2015

Even the biggest number-crunchers, the fundamental analysts on Wall Street, peek at the charts when the sledding gets tough, and its been very tough lately.

Posted March 27, 2015

Its a different type of March Madness, and very few people are cheering.

Posted March 26, 2015

There's a new movement afoot to ditch 401K retirement plans and replace it with a government run- supervised program. The rationale is that the average fund has only $18,000 and it's been a bust.