Today’s episode of Full Court Finance at Zacks quickly dives into the broader market and where things stand to start November. The focus then shifts to three blue-chip technology stocks to consider buying as stocks hit new highs on strong earnings, resilient American consumers, and more.

All three major U.S. indices broke records in October during a resurgent month for stocks. The tech-heavy Nasdaq climbed 9% last month, the S&P 500 jumped over 7%, and the Dow popped roughly 6%. All three then hit new highs on Monday to start November trading.

The forward-looking market shrugged off slow Q3 GDP growth and other concerns in favor of the positives. The improving earnings picture includes everyone from tech giants to Ford (F Quick QuoteF - Free Report) . The S&P 500 margins outlook also remains strong for 2022 and beyond, despite rising pricing and supply chain bottlenecks (also read: Even Big Tech Has Supply Chain Problems).

Plus, the consumer-driven U.S. economy flashed comeback signs in the first month of the fourth quarter, from hotel occupancy to restaurant dining. And consumer confidence increased in October, after three months of declines, which is a great sign for the economy as we enter the heart of the holiday shopping period.

Wall Street will also be left chasing returns in equities for the foreseeable future even when the Fed finally starts to raise its core interest rate. Therefore, investors with long-term outlooks might want to consider buying strong stocks they plan to hold for a while, even though the market could face some near-term selling pressure after the strong October run pushed things to some overheated technical levels.

The first stock up is Microsoft (MSFT Quick QuoteMSFT - Free Report) . The historic technology firm continues to benefit from the expansion of the booming cloud computing market. MSFT topped our Q1 estimates last week and it overtook Apple (AAPL Quick QuoteAAPL - Free Report) as the world’s most valuable company after its post-release climb.

Salesforce (CRM Quick QuoteCRM - Free Report) shares have surged to new highs and its growing portfolio of work-focused software offerings help it stand out in a crowded, yet vital industry. Last up is creative and business software powerhouse Adobe (ADBE Quick QuoteADBE - Free Report) . The firm has grown at impressive and steady rates by selling hard-to-replicate and replace software.