Here’s you video on Skyyworks Solutions (SWKS). Enjoy. (August 18, 2015)
I want to go back to Skyworks Solutions ( NASDAQ:SWKS ) real quick here. I don’t have a lot of time, a lot of things to say about this. This stock has been consolidating around the 200-day moving average. It isn’t working. Support had been at 90.00 for this stock, now it’s resistance. I think you just want to sell this stock, it’s really easy and I know I got like fan mail from some flounder a while back when I was saying this was a stock that you want to stay away from. If you’re a “Skyworkian”, well good for you just like if you’re an “Appleonian”, good for you too.
These stocks do not look good. I know Apple ( NASDAQ:AAPL ) is really cheap at 116.50, good for you, that’s great. Skyworks ( NASDAQ:SWKS ), I’m sure it’s really cheap here at $85.00, so imagine you’re delight when you can buy these stocks from lower levels. I’m telling you, in this kind of market the way things are trading; you don’t want to be long stocks that are doing this. If you’re really enjoying the fundamentals then fine. What are you doing watching this video? That’s all I’ve got to say about Skyworks Solutions ( NASDAQ:SWKS ).
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