NXP Semiconductors
  • NXPI

  • $235

  • +1.35%
  • $233

  • $238

  • $231

Ticker Appearances

Tue, July 23, 2024 | 11:58AM ET

⚡ FlashInsights

Tue, July 23, 2024 | 11:58AM ET
2 hours into trading, we see S&P has just surpassed yesterday's intra-day peak (ES -1.55% _F- 5616) by S&P Futures which has helped this rally to accelerate. Breadth is just mildly positive, and Financials and REITS are the only two sectors higher today on an Equal-weighed basis, Technology is largely flat, but XLK is up +0.28%, powered higher by a near-4% bounce out of CRWD 1.85% , along with AVGO 1.90% , FSLR -2.58% , NOW 1.53% , and PANW 1.19% , all which are higher by more than 2%. Software stocks are leading Semis today, and NXPI 1.35% , ON 0.49% , and TXN 1.21%  are all lower by more than 3%, and SOX is lower by -0.85% at a time when XLK is outperforming. Transports are lower by 1%, but Small caps are showing stellar strength, up by 1% (IWM -0.03% ) as the SummerOfSmallCaps has arrived. Both US Dollar and Treasury yields are pulling back from earlier bounce attempts, TNX still down -0.02bps - Target initially for S&P Futures lies near 5721

Daily Technical Strategy
Fri, June 23, 2023 | 7:57PM ET

Semiconductor pullback look buyable next week

TREND BULLISH- PULLBACK SHOULD BE BUYABLE IN SPX AND QQQ EARLY NEXT WEEK AFTER THE FIRST NEGATIVE WEEK SINCE EARLY MAY A continued decline took...

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