{"id":162,"date":"2009-06-10T07:26:00","date_gmt":"2009-06-10T11:26:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=162"},"modified":"2018-08-23T09:49:52","modified_gmt":"2018-08-23T13:49:52","slug":"texas-instruments-good-news","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2009\/06\/10\/texas-instruments-good-news\/","title":{"rendered":"Texas Instruments&#8217; good news"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Hello everyone,<\/span><\/p>\n<p><span style=\"font-size: 16px;\">First off, I had an encouraging meeting yesterday with <span id=\"SPELLING_ERROR_0\" class=\"blsp-spelling-error\">McGraw<\/span>-Hill here in New York City. Send good vibes my way and hope that I get a book deal soon. The subject of the book is using your right brain to help make better investment choices.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Second, applying my right brain and scanning the news this morning, the most important news story is from Texas Instruments (ticker: <span id=\"SPELLING_ERROR_1\" class=\"blsp-spelling-error\">TXN<\/span>). In fact, the news is very important. <span id=\"SPELLING_ERROR_2\" class=\"blsp-spelling-error\">TXN<\/span> has made its earnings over the last decade or so selling semiconductors important to cell phone use, flat panel televisions, and digital cameras. They also are famous for making &#8220;digital to analog&#8221; converters and &#8220;analog to digital&#8221; converters which are used in a variety of applications. It doesn&#8217;t get any more high tech than <span id=\"SPELLING_ERROR_3\" class=\"blsp-spelling-error\">TXN<\/span>. As I have been saying for months, one of the strongest parts of the U.S. economy is technology. Therefore, if you really want to see how deep the recession is, you have to see to what degree the technology sector is affected. So what&#8217;s the news, <span id=\"SPELLING_ERROR_4\" class=\"blsp-spelling-error\">Voss<\/span>?<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Texas Instruments raised its earnings per share guidance for the second quarter from a range of 1 &#8211; 15 cents per share to 14 to 22 cents per share. Notice, that even in the midst of the bottom of the recession <span id=\"SPELLING_ERROR_5\" class=\"blsp-spelling-error\">TXN<\/span> was still expecting to make money even before the raised earnings estimate. Next, notice that the 2<span id=\"SPELLING_ERROR_6\" class=\"blsp-spelling-error\">nd<\/span> quarter does not end for three weeks, and yet <span id=\"SPELLING_ERROR_7\" class=\"blsp-spelling-error\">TXN<\/span> raised its earnings guidance. That means that the 2<span id=\"SPELLING_ERROR_8\" class=\"blsp-spelling-error\">nd<\/span> quarter has been much better than expected. For there to be demand for <span id=\"SPELLING_ERROR_9\" class=\"blsp-spelling-error\">TXN&#8217;s<\/span> products, semi-conductors used in consumer technology goods, means that consumers are spending on gadgets. I don&#8217;t know about you, but gadget monies are discretionary and discretionary spending depends on consumers feeling good about their state of being.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">In conclusion, Texas Instruments&#8217; results are a very positive sign that the economy has hit bottom and even a sign that it is recovering.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">I hope that each of you has a wonderful day!<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello everyone, First off, I had an encouraging meeting yesterday with McGraw-Hill here in New York City. Send good vibes my way and hope that I get a book deal soon. The subject of the book is using your right brain to help make better investment choices. Second, applying my right brain and scanning the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-162","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=162"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/162\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}