Tech Stocks Are Rallying Like It's 2002 Again: Is That A Buy Or A Sell Signal?

Benzinga_recent_news04-23 03:59

Something rare is happening to the Technology Select Sector SPDR Fund (NYSE:XLK). With one week left in April trading, the tech-sector benchmark has surged 18.6% for the month, putting it on track ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2629027680?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/04/22/tech-stocks-slip.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-04-23 03:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2629027680","market":"us","top_or_hot":-1,"title":"Tech Stocks Are Rallying Like It's 2002 Again: Is That A Buy Or A Sell Signal?","media":"Benzinga_recent_news","content":"<div>\n<p>Something rare is happening to the Technology Select Sector SPDR Fund (NYSE:XLK). \nWith one week left in April trading, the tech-sector benchmark has surged 18.6% for the month, putting it on track ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/04/51983000/tech-stocks-rallying-2002-xlk-buy-sell-signal\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech Stocks Are Rallying Like It's 2002 Again: Is That A Buy Or A Sell Signal?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Stocks Are Rallying Like It's 2002 Again: Is That A Buy Or A Sell Signal?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-23 03:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/tech/26/04/51983000/tech-stocks-rallying-2002-xlk-buy-sell-signal><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Something rare is happening to the Technology Select Sector SPDR Fund (NYSE:XLK). \nWith one week left in April trading, the tech-sector benchmark has surged 18.6% for the month, putting it on track ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/04/51983000/tech-stocks-rallying-2002-xlk-buy-sell-signal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLK","symbol_name":"高科技指数ETF-SPDR","start_time":0,"source_url":"https://www.benzinga.com/markets/tech/26/04/51983000/tech-stocks-rallying-2002-xlk-buy-sell-signal","article_id":"2629027680","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/22/tech-stocks-slip.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/tech/26/04/51983000/tech-stocks-rallying-2002-xlk-buy-sell-signal","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2629027680","pubTimestamp":1776887940,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"XLK ETF is on pace for its best month since October 2002. History says buy the initial tech rally, but bumps are common before year-one outperforms.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLK":"高科技指数ETF-SPDR","BK4585":"ETF&股票定投概念","BK4588":"碎股"},"translate_title":"科技股又像2002年一样反弹：这是买入还是卖出信号？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLK":0.68},"content_text":"Something rare is happening to the Technology Select Sector SPDR Fund (NYSE:XLK). \nWith one week left in April trading, the tech-sector benchmark has surged 18.6% for the month, putting it on track for its strongest monthly gain since October 2002, when the dot-com bust bottomed out.\nThe 18.63% surge as of April 22 ranks as the third best-performing month since the fund’s inception in 1999. \nNotably, there have been just nine instances since then where the Technology Select Sector SPDR Fund posted a double-digit monthly rally. \nBenzinga asked: What has historically followed for tech stocks after a surge of more than 10% in a single month?\nA Tradingview’s event study looking at the forward returns of the XLK ETF after a >10% month spike\nOver the next 30 days, tech has been a coin flip — exactly 50% of the time the sector went up, and the average return was a loss of 1.88%. \nOver three months, performance slipped further, with the win rate dropping to 37.5%. \nOnly at the six-month mark does the picture brighten, and at twelve months, seven of the prior eight episodes delivered positive returns, with an average gain of 22.14%, more than double the unconstrained 10.75% average.\nTwo observations jump off the page. \nFirst, the near-term path following these big up-months is genuinely ugly. \nFive of the eight prior episodes delivered negative one-month forward returns. January 2001 delivered a one-year loss of 36.35% because the bottom had not yet arrived. \nOctober 2015 gave back all of its initial bounce over the next three months. July 2022 looked like the all-clear for tech, and it was not — the sector fell another 11% over the following quarter before the AI boom finally turned the tape.\nSecond, the twelve-month picture is as close to a durable pattern as event studies tend to offer. \nExcluding the January 2001 episode — where the crash was still in its first act — the seven remaining forward-year returns average above 30%.\nThe data does not give a clean answer — which is itself the answer.\nBuying a big tech up-month since 1999 has been a losing bet over one month, a flip of the coin over three, and a clear winner over twelve. \nThe asymmetry is real, but it rewards patience and punishes the investor who confuses the first leg of a rally for the whole thing.\nOctober 2002 is the ghost in the headline. What rarely gets mentioned is that the month that made the best XLK return ever was followed by a quarter that gave some of it back.\n And that the investors who got rich from the rally were the ones who did not flinch when it did.\nThe question now is not whether tech is rallying like it was in 2002. It clearly is. \nThe question is whether the market, after one of the fastest recoveries on record, has earned the right to treat the April bounce as a bottom — or whether the bottom is still somewhere ahead, hidden inside the next headline out of the Strait.\nPhoto: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2629027680","isCrawlerRequest":true}