11/10/2026 - Monday, Technology (XLK) names surged, sending the NASDAQ-
100 (NDX) higher and dominating the S&P 500 (SPX) top
advancers list. Technology provided the oomph, but
Industrials (XLI) enjoyed the strongest gain in the session.
Perhaps we are seeing the second-derivative artificial
intelligence (AI) rally evolving. The XLI chart is very
attractive here....
Payne's Perspective: Dislocation Runs Amok
11/2/2026 By Charles Payne, CEO & Principal AnalystAt the start of the dotcom implosion, the rest of the market also outperformed tech badly. For several fundamental reasons, I don’t see the same scenario. I am on guard because warnings and misses usually come after a peak, but again, based on fundamentals and valuations, this is not the same.
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