7/15/2026 - Yesterday, the defense sector slipped, as Technology (XLK)
retook the lead, but only 40% of the S&P 500 (SPX) traded
higher. IBM’s CEO mentioned that all the money was being
diverted into cybersecurity, and those names enjoyed strong
discussions, along with optical and memory names. Momentum
led the way, but I was happy to see quality names as well....
Payne's Perspective: Rotation Time
7/6/2026 By Charles Payne, CEO & Principal AnalystData center spending has only just begun, and I don’t doubt that the final tally will exceed the trillions of dollars already expected. Consider the train to nowhere in California, which voters approved as a $33 billion project, but is now expected to be $230 billion.
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