$ARM yourself for Long-Term gains, Now?
@JC888:
On the eve of Chinese New Year’s Eve (Thu, 08 Feb 2024), US stocks were moving in different directions. There were some outsized gains seen in semiconductor stocks, as investors looked ahead to the annual consumer-price index revision due on Fri, 09 Feb 2024. As noted by Morgan Stanley economist Diego Anzoategui: Last year’s revision was large, showing much weaker disinflation throughout 2022 and added uncertainty ahead. However, do not expect another big change for impending release. By the clock chimed at 4:00pm US time: DJIA: +0.13% (+48.97 to 38,726.33). S&P 500: +0.06% (+2.85 to 4,997.91). Shy of the 5,000 market. Nasdaq: +0.24% (+37.07 to 15,793.72). Stocks that bolstered the Indexes included: Monolithic Power Systems, Inc. (MPWR): +14.20% Walt Disney (DIS): +11.50%. ON Semicondu