SWKS gets hammered...

… on some AAPL news. Right or wrong, the market sees SWKS and AAPL as connected at the heap. When AAPL sneezes, SWKS get pneumonia.

“… on some AAPL news. Right or wrong, the market sees SWKS and AAPL as connected at the heap. When AAPL sneezes, SWKS get pneumonia.”

Very disconcerting…and discouraging. I am looking at the long-term; however, this is painful at the moment, as are many of my high conviction holdings.

…connected at the ¿¿heap?? :wink:

The Captain

the heap of great companies I currently own: AAPL, AMBA, SWKS, GILD, INFN, and of course SEDG.

“the heap of great companies I currently own: AAPL, AMBA, SWKS, GILD, INFN, and of course SEDG”.

I own all of these (and many others) except SEDG.

I sold AMBA a short while ago, but with the price down to where it is and the 2d half of the year potential, it may be time for me to get back in.

Well switching out the CEO whilst you’re down seems to be inviting more pain.
A
http://seekingalpha.com/news/3182929-skyworks-names-griffin-…

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Well switching out the CEO whilst you’re down seems to be inviting more pain.
A

Seems unrelated but definitely very bad timing. Aldrich had been CEO for 16 years and probably wanted to “semi-retire” and just be the chair of the board.

Sincerely,
Charlie

and at the risk of talking about charts, it has not been above the 200dma since July 2015. It has failed at attempts to retake it several times, including recently.
http://stockcharts.com/freecharts/gallery.html?swks

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