Last day of the 2nd quarter.
The first few trading days of July tend to be very quiet and uneventful. However, there are reasons to think that things could be a bit more active this time around.
The chip stocks continue to act very well. However, they’re getting overbought, so they could be due for a near-term pullback…EVEN if they head higher before long. One stock is particularly overbought, so investors might want to be careful about chasing this group (and particularly this stock) over the near-term.
