The Chip Stocks Will Remain THE Key Group To Watch

A sharp bounce is due for stocks...but will it hold?

The stock market is ripe for a sharp bounce, but as we discuss in this morning’s piece, it’s not a lock that it will hold over the intermediate-term. We’ll be watching one extremely important level for the chip stocks over the coming weeks and months. If it doesn’t hold, it will raise an even bigger warning flag for the broad stock market.