|Day Low/High||106.69 / 107.87|
|52 Wk Low/High||87.70 / 118.48|
The beaten down semiconductors are building up some serious momentum.
As Apple preps video and news/magazine services for launch this year, a new report states the company is also thinking about launching a gaming service.
The chip stock surge at the week's end shines a light on just how pessimistic some investors had been as earnings multiples fell to rock-bottom levels last year.
Intel fell post-market after a seriously slow first quarter forecast.
What happened today is a recognition by money managers that they are paying too much for the drug and food stocks and too little for the building block techs.
Shares of the giant chipmaker are up on indications that a bottom may be building in the semiconductor sector.
Keeping an eye on the Senate shutdown vote and any trade discussion today, and watching key support levels on the SPX.
The big contract chipmaker issues a downbeat forecast of what lies ahead for the semiconductor giant, and likely for the sector.
Today they are reversing and it is all about the bold Micron upgrade from BMO Capital.
In a market downturn, investors will need to be selective in the sector.
Texas instruments' slide on Wednesday stokes market anxiety on the semiconductor cycle.
How did everything get so bad so quickly?
The cyclical downturn that TI and STMicro appear to be seeing isn't the end of the world for chip stocks. But trade tensions complicate matters.
There have been some solid earnings reports, but they haven't provided a boost to the broader market.
Texas Instruments' tried and true management keeps analysts onboard for long term.
Do not be in a rush to try to pick a low or bottom for the stock of this semiconductor giant.
Semiconductor market-cycle fears are coming to roost at Texas Instruments.
Fed policy makers, research directors and the media seem clueless that the economy is slowing, not growing.
"Workin' on our night moves Trying to lose the awkward teenage blues Workin' on out night moves In the summertime And oh the wonder Felt the lightning And we waited on the thunder Waited on the thunder." -- Bob Seger, Night Moves Overnight the S&P ...
But here are the signs to watch, and how to protect yourself.
Buybacks are all the rage this semiconductor season.
The $5 billion buyback and solid balance sheet could signal this is actually an investible growth stock.
Let's review the charts and indicators to see if we can find a trigger.
The chipmaker, which has strong exposure to Chinese manufacturers, partly blamed trade worries for its soft guidance.
These are the stories moving the market on a rainy Wall Street Wednesday.
Here are some options strategies for this FANG name into tomorrow's report.