Top Narrow Based Indexes For September 12

By 10:20 am, the Dow Jones Industrial Average was down 46.05 points, or 0.42%, to 10,946.08, while the broader Standard & Poor's 500 index had dropped 3.13 points, or 0.27%. The NASDAQ composite index rose 3.85 points, or 0.16%. Some of the narrow based indexes that are supporting the markets are Specialty Semiconductor Stocks, which have gained 8.1%, Digital Semiconductor Stocks, up 2.2%, and Discrete Semiconductor Stocks, moving 2.1% higher as a group. In Tickerspy's Specialty Semiconductor complex, NetLogic Microsystems Inc NETL had surged 50%. Broadcom Corp BRCM agreed to acquire NetLogic for $3.7 billion, or $50 per share. The best performing Tickerspy Digital Semiconductor stock has been Micron Technology Inc MU, which was up 5.4%. MU had $ 2.40 billion in total cash for the latest quarter. Alpha and Omega Semiconductor Ltd AOSL is today's leading Tickerspy's Discrete Semiconductor stock, gaining 3.5%. AOSL's trailing-twelve-month ROE is 16.83%.