Big Tech stocks are getting even bigger:
The US information technology sector as a percentage of the S&P 500 is now 32%, the most since the 2000 Dot-Com Bubble.
At the same time, Communication Services reached 9%, in-line with the Dot-Com Bubble peak levels.
In other words, technology stocks now account for 41% of the S&P 500, the second-largest share on record.
This is also almost TWICE as much as the Financial Bubble seen in 2007 and 15 percentage points above the Energy Bubble in the early 1980s.
Tech stocks' market cap is now bigger than Real Estate, Consumer Staples, Industrials, Utilities, Materials, and Energy stocks COMBINED.
Big tech effectively is the stock market.
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