Thursday, January 25, 2024

Pre-Market -- After GDP Numbers Released -- January 25, 2024

Locator: 46642ARCHIVES.

Personal investing:

  • yesterday bought MSFT
  • today will buy MRVL and DE

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Reminder: I am inappropriately exuberant about the US economy and the US market.

Pre-market after GDP numbers released:

  • DOW: up 79 points; before numbers released, flat -- DOW is now up sharply, being offset by Boeing.
  • NASDAQ: up 88 points; before numbers up, but not this much
  • S&P 500: up another 16 points; in the old days, Dow||S&P --> 10||1 --> S&P up 16 --> Dow up 160 points

Cramer:

  • Tesla is out. No longer the "Magnificent Seven."
  • now the "Six Samurai."
  • maybe add Broadcom to get it back to the "Magnificent Seven."

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