<---- That's Texas Instruments and that's a good looking chart.
Business is bad at Texas Instruments but everyone knows it. The quarter just reported was not worse than expected.
Tech in general is acting pretty good this week. The overall economy is swooning in a big down cycle not unlike what tech went through earlier this decade. Maybe tech stocks will lead the market out. They could easily bottom well before fundamentals do, and it's possible that they already have. Even if this is a bear market head fake, in names like TI there's lots of technical upside to the 200 day.
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