5/26/2026 - Major indices are mostly moving higher with the S&P 500
reaching a fresh record high. Six sectors are moving higher,
with Technology (XLK) in the lead. The sector is getting a
boost from hardware and semiconductor names, while software
edges lower. Semiconductor names are benefiting in
particular after a few notable price target upgrades in the
space, including Western Digital (WDC) and Micron (MU) (more
below)....
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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