From Investor’s Business Daily:

The stock market rally continued to advance, with the Nasdaq composite hitting a record high, joined by the S&P 500. Stocks to watch include Taiwan Semiconductor Manufacturing, Monolithic Power Systems, Microsoft, Palantir Technologies, Deckers Brands, Eli Lilly, Coherent, and Uber Technologies, all leaders in the market rally. However, the Nasdaq and S&P 500 are extended once again, with the risks of a pullback rising. Growth ETFs rebounded, with the iShares Expanded Tech-Software Sector ETF, VanEck Vectors Semiconductor ETF, SPDR S&P Metals & Mining ETF, and others posting gains. Investors should be ready to act quickly, buying close to entry points and casting a wide net for opportunities.



Read more at Investor’s Business Daily: Dow Jones Futures: Nasdaq Hits Record High, Taiwan Semi Jumps; Here’s What To Do Now