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

Every weekday, CNBC Investment Club with Jim Cramer publishes Homestretch, an actionable afternoon update just in time for the final hour of trading on Wall Street. It was an active day for the markets. AI and technology trading 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 in both quarters was not enough to continue their parabolic rally. The money did not leave the market; He found other areas. While technology suffered, healthcare, financial and communications services had strong sessions, fueling a big rise in the Dow Jones Industrial Average. During the session, investors realized that what happened to Broadcom and CrowdStrike did not change their long-term growth story. Instead, it was a matter of expectation overriding the fundamentals. As those expectations reset and the market became more comfortable that the theses remained unchanged, both stocks and the overall AI group rebounded somewhat from their earlier lows, pushing the S&P 500 solidly into the green. Even the tech-heavy Nasdaq reached positive territory. Costco posted another month of strong sales. Comparable sales in the U.S. rose 8.7% in May, reaching their highest levels in more than a year. A great performance in sales was driven by 3.7% growth in traffic; This was a strong acceleration from the last 12-month average of 2.8%. Costco has benefited from higher gas prices as consumers flock to the membership-only retailer to save up to 20 to 30 cents per gallon, meaning big savings in an inflationary economy. It also attracts more visitors to the store, naturally increasing sales. Club shares rose 2% for the week, clawing back nearly half of Friday's post-earnings decline. Gains are light for the rest of the week. Lululemon and DocuSign walked out with their cabins after the closing bell on Thursday. Even though there aren't any major earnings reports before the bell, get ready to head back to work on Friday. The government's employment report comes out at 08.30 in the morning. The economy is expected to add 105,000 new jobs in May, according to FactSet. This would mark the third consecutive month of earnings. The unemployment rate in the country is expected to remain unchanged at 4.3%. (See here for a complete list of stocks in Jim Cramer's Charitable Trust.) When you subscribe to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trading alert before buying or selling a stock in his charitable foundation's portfolio. If Jim talked about a stock on CNBC TV, he waits 72 hours after issuing the trading alert before executing the trade. THE ABOVE INVESTMENT CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH THE DISCLAIMERS. NO CIVIL OBLIGATIONS OR DUTIES EXIST OR SHALL BE RESULTING FROM YOUR RECEIVING ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULT OR PROFIT CAN BE GUARANTEED.