Republic Risk: Our Next Pick
The government is printing money for semiconductors... Tower Semiconductor (TSEM) is our long-term look for 18 to 24 months. Price target - $39.
Equity Storm Warning Is GREEN on the S&P 500 and the Russell 2000.
It’s a choppy morning after the Fed’s announcement that it might not cut interest rates in March. The Dow is lower, but everything else is getting a bit of a relief rally in the morning hours. Be careful. The current trend is a pop in the first 30 minutes, followed by funds letting shares go from 10 am into the noon hour. Now is the time to start thinking about the long term. This could be a tough month for long-term investors because of their short-term thinking.
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