TXN holds up better within semiconductors and shows relative strength but is not rising, so the speaker is not interested in owning it for relative strength alone; it is not falling much, and he will watch next week for whether it starts to overcome its difficulties.
He framed it in weeks
“Stock Market, Bitcoin & Gold Analysis for Week Ending 10/23/26”
Brian ShannonPublished Oct 23 · 1 passage
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I think Intel is probably the best, and I've also talked about Texas Instruments, which is a stock that not many people talk about in the semiconductor field, but it holds up much better.
Now , it is showing relative strength, but it is not rising. So, I'm not really interested in the relative power of owning it because it's rising, you know? It's not dropping too far, but it's certainly something to watch for next week in terms of whether, perhaps, it will start to overcome the difficulties a little.
What this channel has said about $TXN
Brian Shannon has 2 calls on this stock; only the adjacent ones are shown.