Texas Instruments's most recent trend suggests a bearish bias. One trading opportunity on Texas Instruments is a Bear Call Spread using a strike $150.00 short call and a strike $155.00 long call offers a potential 35.87% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $1.32 would be kept by the premium seller. The risk of $3.68 would be incurred if the stock rose above the $155.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Texas Instruments is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Texas Instruments is bearish.
The RSI indicator is at 63.5 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Texas Instruments
Apple Lobbies for Lower Taxes to Boost U.S. Chip Production
Wed, 21 Oct 2020 22:47:25 +0000
(Bloomberg) — Apple Inc. has been lobbying the U.S. government on tax breaks to support domestic chip production, suggesting the iPhone maker is keen to move more of its supply chain to the U.S.In second- and third-quarter disclosure reports, the company said it lobbied officials from the Treasury Department, Congress and the White House on tax topics including “issues related to tax credits for domestic semiconductor production.”Since releasing its first custom processor in 2010, chips have become a major performance differentiator for Apple. The company designs some of these components in house, but outsources production to Taiwan Semiconductor Manufacturing Co. Many other parts for Apple devices are made in China. That has exposed the company to import tariffs and other risks from a trade war between the U.S. and China. Taiwan, where TSMC operates, has also become an increasing focus of geopolitical tension between China and the U.S.Apple’s recent lobbying coincides with a push by the company and its partners to move some production away from China and even back to the U.S. in a few cases. There’s also a broader effort by the U.S. semiconductor industry to get government support for increased domestic production.Apple’s U.S. lobbying efforts are now mostly led by company veteran Tim Powderly, who was promoted around the time Cynthia Hogan, Apple’s prior top U.S. lobbyist, left to join former vice president Joe Biden’s campaign. An Apple spokesman declined to comment.Read more: Chip Industry Wants $50 Billion to Keep Manufacturing in U.SEarlier this year, TSMC said it would build a $12 billion chip plant in Arizona, and the company has been lobbying officials there for tax breaks.In 2013, Apple started making a low-volume Mac Pro computer in the U.S. Last year, it started using the same plant in Texas to conduct final assembly for a new version. That decision came after the company was granted breaks on tariffs.Apple also sources components from several chipmakers that build some of their products in the U.S., including Broadcom Inc. and Texas Instruments Inc. Apple also has started using Qualcomm Inc. again for iPhone modems, and the San Diego, California-based chipmaker builds some products domestically via production partner Global Foundries.Intel Corp., the current maker of the Mac’s main processors, builds some of its chips in the U.S. However, when Apple moves to its own Mac chips next month, that will mean shifting production of that component to Taiwan.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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Were Hedge Funds Right About Warming Up To Texas Instruments Incorporated (TXN)?
Wed, 21 Oct 2020 14:35:02 +0000
In this article we are going to use hedge fund sentiment as a tool and determine whether Texas Instruments Incorporated (NASDAQ:TXN) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, […]
Texas Instruments (TXN) Q3 Earnings & Revenues Beat Estimates
Wed, 21 Oct 2020 14:30:02 +0000
Texas Instruments' (TXN) third-quarter 2020 results reflect strong momentum across personal electronics and automotive markets.
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