Charles Payne is a Fox Business Network contributor and CEO of Wall Street Strategies, an independent stock market research firm.
Payne is also a contributor to
Payne attended Minot State College and Central Texas College during his time in the United States Air Force.
Now that the market has entered into the short squeeze phase flatfooted bears will speak of its irrationality as further proof it’s going to end up battered. In the meantime we enter this week with the raging bears demurring: “Look Ma, still standing.”
Yes, they are standing only because most have tons of money but outside of media and industry hype- declining credibility.
Still, I worry about all the whining from the naysayers and chorus of folks that say the crash is around the corner, because corrections happen but while millions of investors wait, million have missed an opportunity of a lifetime. The thing is we could be on the cusp of something that last a very long time, albeit with occasional shocks and pullbacks. The key will be a new administration and GOP control of the House (maybe even the Senate, too) after midterm elections.
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