This article is part of the series

The Chartman

Tepid Action Sets Base for Stock Gains

The ChartmanFOXBusiness

The dog days of summer lived up to expectations, as the past few weeks were worth taking off.  However, sideways movement is welcomed after a sharp move up like we recently had.  In fact, it helps set a nice base for future gains.

Facebook (NASDAQ:FB) had a nice Friday, finally breaking resistance.  I think it climbs slowly to $100.

Continue Reading Below

Is now the time to buy Apple (NASDAQ:AAPL)?  Not sure -- it could be in a more advantageous buying position.

Back next week sporting my iWatch!

What do you think?

Click the button below to comment on this article.