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Schwab Network

Stock Market Topping Out? What to Watch in INTC, SOX & Market Breadth

7 min23 april 2026

Charles Schwab's Joe Mazzola explains how investors are adapting to a "defensive-led" market into a strong risk-on pivot. The AI trade's strong rally into overbought territory is something he's watching, as he sees a notable pullback being stronger than many investors expect. Joe looks into market breadth to explain his concerns. On Intel (INTC), Joe makes the case that the stock is priced for perfection.


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