Should investors overweight technology stocks at the expense of diversification? Why or why not?

FINA 3210 Week 7

Please explain in details. The link to the article is listed below and questions are also listed.

https://www.wsj.com/articles/amazon-is-taking-over-the-stock-market-too-1519234705?mod=djem_jiewr_FN_domainid

QUESTIONS: 

1. Why is this “a worrying sign” for some investors?

2.  Should investors overweight technology stocks at the expense of diversification? Why or why not?

3. Which five companies have been the biggest drag on the S&P 500’s gains this year? Is now the time to buy these five? Why or why not?

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