Wall Street’s most overbought stocks this week include no technology names, indicating a clear investor rotation away from AI-driven growth and toward value-oriented sectors, according to a CNBC report.
The shift comes as investors lock in gains from high-flying technology stocks and move capital into financials, industrials and healthcare, sectors more closely tied to economic cycles. Market performance reflects the rotation
The tech-heavy Nasdaq Composite fell 1.6 percent last week, bearing the brunt of the sell-off. The S&P 500 slipped 0.6 percent, while the Dow Jones Industrial Average gained 1.1 percent, highlighting the divergence between growth-heavy and value-heavy indices.
CNBC noted that stocks with a 14-day Relative Strength Index (RSI) above 70 are considered overbought and

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