In Q3, Technology stocks in the S&P 500 scored one of the better performances, with the sector (XLK) rising 7% in price and besting the 5.8% price-return for the S&P 500.
The 71 stocks rose an average of 4.2%, which not only trailed the return of the sector but also lagged the overall market. What's going on?
Google and Apple is all the story.
The sector was certainly boosted by GOOG's 30% gain and AAPL's 14% jump.
In accordance with
**I Know First algorithmic system** forecast.