6/10/2026 - Did you see the market was down? The print never tells the
story and certainly misrepresents what happened yesterday.
Nine sectors were higher. Roughly three-quarters of the S&P
500, S&P 400, and S&P 600 finished higher. I was thrilled to
see the reaction in homebuilders to a better-than-expected
existing home sales report. Real Estate (XLRE) is usually a
defensive sector, but yesterday it had cyclical qualities.
Moreover, the market might see positive developments in
rates....
Payne's Perspective: Another Monster Week
6/1/2026 By Charles Payne, CEO & Principal AnalystOn an absolute basis, Technology (XLK) remains less expensive than Industrials (XLI), Consumer Staples (XLP), Communication Services (XLC), and Health Care (XLV). Meanwhile, the NASDAQ-100 (NDX) and iShares Russell 2000 ETF (IWM) are less expensive than the S&P 500.
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