Tech sector is coming into a seasonally strong period according to Bespoke Investment Group.
Tech Sector Seasonal Patterns
Excerpt: "With nearly a six percent gain over the last week and a half, Technology has been one of the market’s best performing sectors recently. Based on its seasonal trading patterns, strength in tech stocks may continue. As shown below, over the last five years, the sector has averaged its low for the second half in early August. While the sector usually rallies towards the end of the year, if we expand our focus to the last ten years, the end of year rally typically doesn’t arrive until October."
