6/10/2026 - The early attempt to rally faded with indices pulling back
to session’s lows. Energy (XLE) is in the lead and getting a
boost from increasing escalation in the Middle East (more
below). The runner ups are defensive sectors, with Consumer
Staples (XLP) holding the widest gains. Meanwhile,
Industrials (XLI) is the worst performing sector, with
freight brokers selling off after news that Amazon (AMZN)
will offer trucking services....
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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