| Using Kensho technology, CNBC will surface research and analytic insights designed to create actionable, historical content around market moving events. TIME TO STACK THE CHIPS?
Chipmaker Xilinx tumbled on Friday after the company announced its Chief Financial Officer is leaving the firm. In response, the stock fell by about 5 percent. But according to history, similar drops precede powerful moves higher.
A month later, the trend tends to reverse with the stock gaining 7.6 percent, trading positively 82 percent of the time. The VanEck Vectors Semiconductor ETF, the SMH, also outperforms, adding nearly 2 percent a month later.
FED ACTION On Wednesday, the Federal Reserve announced it's taking down its benchmark overnight lending rate to a target range of 1.75 to 2 percent. The widely anticipated move came two months after the central bank went ahead with its first cut in 11 years.
Two weeks after previous cuts, the historically defensive Consumer Staples sector tends to lead, trading positively 72 percent of the time, with an average gain of 0.87 percent. Meanwhile, the Financials sector lags, dropping over 1 percent, while trading negatively 60 percent of the time. 
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Jumat, 20 September 2019
This Chipmaker has fallen, but history says It’s time to start stacking up the stock
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