Charles Payne

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.

Posted March 25, 2015

Existing Home Sales came in slightly below forecast in part to the ongoing supply issue. As a result, median home prices climbed 7.5% from last February to $202,600.

Posted March 24, 2015

In 1754, Benjamin Franklin took a British symbol for its holdings in the new world to promote the idea of unity among the colonies. More recently, I've seen that same symbol used to suggest unity among conservatives.

Posted March 21, 2015

The final legal hurdle was cleared earlier this week when U.S. District Judge Richard A. Jones rejected claims of discrimination by the restaurant franchise industry. The judge says there is no proof that a higher minimum wage will hurt the business of franchisees.

Posted March 20, 2015

There's already talk of another bailout for Fannie Mae and Freddie Mac.

Posted March 19, 2015

Redistribution remains the dream. By any means necessary, it takes cash from those who have it, to give to those without who continue to be unemployed.

Posted March 18, 2015

Monday's rally, while impressive, was odd and problematic. It was led higher by the healthcare and utilities sectors, which set a cautionary tone and points to the anxiety that's anchored the rally.

Posted March 14, 2015

We've spent a lot of time whining about the strong dollar's impact on the stock market, but the other side of the equation is the positive impact for American consumers and travelers.

Posted March 13, 2015

For the past several months, corporations buying back their own stock has become the reason for great confidence, but also a greater reason for scrutiny.