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A popular tech fund is now overbought. That’s no reason to sell, history shows.

A popular tech fund is now overbought. That’s no reason to sell, history shows.

marketwatch.com 07.10.2026 10:01 5 views
A surge to record highs for technology stocks has pushed them to what is considered by technical analysts to be overbought levels, but history shows investors should not use that as reason to cut their exposure.

Nvidia is the biggest holding in the XLK tech fund A surge to record highs for technology stocks has pushed them to what is considered by technical analysts to be overbought levels, but history shows investors should not use that as reason to cut their exposure. That’s the message from Bluekurtic Market Insights, a market-research group, who in a posting on X noted that the Nasdaq 100 has just delivered a six-day winning streak to close Tuesday at a fresh peak. Copyright ©2026 MarketWatch, Inc.

All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Jamie Chisholm is a markets reporter for MarketWatch based in London. How one trend-following fund outperformed rivals by bringing humans back into the decision-making process The S&P 500 is back in record territory as the ‘Magnificent Seven’ ride to the rescue Oct. 9 has loomed large in stock-market history. Why investors still shouldn’t buy into an October jinx.

My brother-in-law convinced his parents to sign over their home and life savings to buy a $3 million compound. Marvell just impressed Wall Street with ‘good numbers plus a better story’ Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET.

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