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Russ explains why it's not yet time to sell those tech shares.
Technology shares are once again leaving everything else in the dust. Year-to-date, the MSCI Information Technology sector, led by U.S. tech, is beating the broader market by over 5% and is ahead of laggards, notably energy, by nearly 20% (see Chart 1).
Given the magnitude of the gains, many are understandably wondering if it's time to sell. My simple answer: no.
I last wrote about technology and growth stocks in September. At the time I suggested that growth should continue to outperform. Today,