Intel and Micron lead our portfolio higher, and J&J's strengthens our case for owning it

On Thursday afternoon, Wall Street traded in “post-Fed rally” mode as the 10-year Treasury yield slipped about 6 basis points to 4.95%, below the 5% psychological level. The S&P 500 was up about 1%, wiping out Wednesday’s afternoon losses following the Federal Reserve’s first rate hike in more than three years. Technology gained roughly 2% and consumer discretionary rose 1.6%, while consumer staples fell, led by declines at Walmart, Costco and Philip Morris International. CNBC’s Investing Club highlighted Intel, up over 9% and “potentially” on track for its best day since early August, alongside Micron, up more than 5%. Eaton was also featured after a conference presentation on Boyd Thermal’s liquid cooling performance, and Johnson & Johnson’s CFO Joe Wolk offered an upbeat outlook.