SWKS – 2Sept2013

One of the most frequent questions we receive is, “what would we buy now?”

As we often say, we don’t trade single stocks… we focus our attention on more highly leveraged securities for extremely short periods.  Still we watch the stock market with great interest if, for no other reason, than because its where we began our trading journey.  We enjoy interpreting world events through the movement of leading stocks and ETFs…  We also maintain and review the scans that gave us great candidates back when we did trade stocks.

Those scans are generally the sources of the candidates you see pop up in these pages.  Speaking of which, here is another to add to your Stalk List…

SWKS — for the fundamental folks >> Skyworks Solutions, Inc., together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. Its product portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The company also offers MIS silicon chip capacitors and transceivers. It provides products for supporting automotive, broadband, cellular infrastructure, energy management, GPS, industrial, medical, military, wireless networking, smartphone, and tablet applications. The company sells its products primarily through its direct sales force, as well as through independent manufacturers’ representatives and distribution partners.

— Company Profile Page

Simple trading

Add SWKS to your Stalk List…  The EMAs are crossing at 1 inside a nice wedge pattern that should resolve higher.  If you get long, consider a hard stop if price breaks the up trend line and enters the area of 2… As long as price stays above Area 3, re-entries are acceptable.  If price enters area 3, we would remove SWKS from consideration.