Market faces rotation as technology sector overheats, Lance Roberts warns

Market faces rotation as technology sector overheats, Lance Roberts warns
Technology sector is now very overbought

Lance Roberts highlights recent market activity, noting a rally into the end of the month for the week of September 25, 2026. He observes that the technology sector is now significantly overbought, while sectors sensitive to interest rates have become extremely oversold. Roberts suggests that a market rotation is likely, leaving the trigger for such a move as the primary question.

Roberts recently analyzed NVDA’s earnings and related trading strategies for August 28, 2026. Earlier, he reported that S&P 500 earnings rose 30% year-on-year in the second quarter. Both updates came as market sentiment indicators remained bearish.

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