Excerpt from Investor’s Business Daily quoting DataTrek’s Nick Colas:

…. “Given the power of these tech giants, the tech sector (plus Amazon) could control upward of 40% of the S&P 500 by next year, up from 33.4% now, says Nicholas Colas, co-founder of DataTrek Research. “Maybe that’s a bubble. Or maybe — and this is our opinion — it is simply reality,” he said”….

Read the full article here on IBD!