5/27/2026 - Yesterday was another day, another record, as Technology
(XLK) continues to set the pace, although I have to say it
was a disheartening session for software (IGV). Lots of
names reversed lower mid-session, and after the close,
Zscaler Inc (ZS) was hammered on guidance. Salesforce Inc
(CRM) reports after the close. Chasing momentum is the
trade. ...
Payne's Perspective: Horse-Drawn Carriages Are Fading
5/18/2026 By Charles Payne, CEO & Principal AnalystIt’s the same case for earnings, which have been great all around but amazingly great for Technology (XLK) and stupendous for “Mag Seven.” “Mag Seven” earnings are significantly above the rest of the market. Megacap names are all adopting the Alphabet (GOOG/L) approach.
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