NEW YORK ( TheStreet) -- I have been analyzing an array of sectors since July 30, when I wrote about taking profits in overvalued utility stocks. Today, I analyze the technology sector, not to recommend increasing or decreasing holdings in the sector, but to provide guidelines to use in "buy and trade" strategies.The rotation into this sector was already underway before July 30, and five of the 10 stocks I profile today have become overbought, according to their daily charts.
Trading Technology and Telecom Stocks
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.