Slighted market sectors get their time to shine — plus, Costco keeps packing them in

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. It has been a resilient day for the markets . The AI and tech trade was under significant pressure at the open following sharp post-earnings pullbacks in Club stocks Broadcom and CrowdStrike . We thought both quarters were solid, but the upside on each was not enough to keep their parabolic rallies going. Money didn't leave the market; it found other areas. As tech suffered, healthcare, financial, and communication services had strong sessions, supporting a big rally in the Dow Jones Industrial Average . During the session, investors realized that what happened to Broadcom and CrowdStrike was not a change in their long-term growth stories. Instead, it was a matter of expectations getting ahead of fundamentals . As those expectations reset and the market got more comfortable that the theses were unchanged, both stocks and the broader AI group rebounded some from their earlier lows, pushing the S & P 500 firmly into the green. Even the tech-heavy Nasdaq made it into positive territory. Costco delivered another strong month of sales . U.S. comparable sales increased 8.7% in May, reaching their highest levels in over a year. A great showing in sales was driven by 3.7% growth in traffic, a robust acceleration from the trailing 12-month average of 2.8%. …