Afternoon Note
Finding Equilibrium
By Charles Payne, CEO & Principal Analyst
5/31/2024 1:17 PM
The market is struggling to find equilibrium as the Street pulls back from the big tech names that have driven the recent rally.
The S&P 500 failed to keep the uptrend as it broke below its 20-day moving average.
Investors are doing some bargain hunting in Energy (XLE) and Real Estate (XLRE). Even with today’s gain in XLE, the sector is on track to decline 2.2% in May.
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| 6/1/2026 1:31 PM | Technology Powers The Market |
| 6/1/2026 9:49 AM | Jensen Moves on Laptops & Desktops |
| 5/29/2026 1:25 PM | Tech Leading Again |
| 5/29/2026 9:55 AM | THE TECH LOCOMOTIVE GETS STRONGER |
| 5/28/2026 1:31 PM | More New Highs |
| 5/28/2026 9:47 AM | CUEING THE TRUMPETS |
| 5/27/2026 1:44 PM | Semis Cool Down |
| 5/27/2026 9:35 AM | HOUSTON, WE HAVE A PARTY |
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| 5/26/2026 9:40 AM | THE MAGIC MARKET |
| 5/22/2026 1:38 PM | Firmly Higher |
| 5/22/2026 9:45 AM | FINAL OFFER? |
| 5/21/2026 1:43 PM | Taking a Pause |
| 5/21/2026 9:43 AM | SPACEX IS ON THE LAUNCH PAD |
| 5/20/2026 1:44 PM | Countdown to NVDA Earnings |
| 5/20/2026 9:39 AM | JENSEN'S IN THE BATTER'S BOX |
| 5/19/2026 1:33 PM | Tug-Of-War |
| 5/19/2026 9:48 AM | GONE FISHING |
| 5/18/2026 1:20 PM | Choppy Start |
| 5/18/2026 9:45 AM | HAS SOFTWARE SURVIVED? |
| 5/15/2026 1:26 PM | Record Run On Hold |
| 5/15/2026 9:26 AM | BOTTOM FISHING TIME |
| 5/14/2026 1:39 PM | Market Continues to Heat Up |
| 5/14/2026 9:33 AM | OH, NELLY! IT’S GETTING HOT IN HERE… |
| 5/13/2026 1:33 PM | Back to Record Levels |
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