The stock market finished the month with a bang…led by the chip stocks once again. The futures are pointing towards further gains this morning, but it wouldn’t surprise us if the market took some sort of a breather soon. (It would be healthy if it does.)
When it comes to the charts, we are looking at two important technology stocks. One stands at a KEY juncture…so whichever way it moves next will be critical. The other is overbought and due for a short-term pullback…even though it looks great longer-term.
