nasdaq

why has it been lagging behind all day

 

Read TXN mid Q outlook./ Do you see any softness in tech sector? I don't. This is a broad based recovery in chip sector. Now is the time to buy. I am buying ADI, LLTC, SMH, TXN, INTC, CSCO

http://finance.yahoo.com/news/TI-updates-secondquarter-2010-prnews-1021655078.html?x=0&.v=1

 

All tech stocks mentioned above will fly today. Look at before the open action on TXN and ADI.

 

Target for TXN is $30 and for ADI is $34. They are in their early phase of run-ups

 

A good trade on ADI:

Sell naked PUT 27.5 and buy Call 30 for June. This is done with credit of 0.2. You are safe till 27.30

A good trade on TXN:

Buy Call 25 June and sell 23 or 24 naked PUT.