Editor's Note:

Additional Trading Ideas:

In addition to tonight's new candidate(s), consider these stocks as possible trading ideas and watch list candidates. Some of these may need to see a break past key support or resistance:

(bullish ideas)
NTAP, TXN, INTC, CHK, XOOM, CFX, H, STRZA



NEW BULLISH Plays

Freeport-McMoRan Copper & Gold - FCX - close: 31.84 change: +0.66

Stop Loss: 29.95
Target(s): 36.00
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 09, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 11.5 million
New Positions: Yes, see below

Company Description

Why We Like It:
FCX is in the basic materials sector. The company is a miner. They're probably best associated with copper production but FCX also mines gold, silver, cobalt, molybdenum, and other metals. It looks like the basic material sector has found a bottom in recent weeks. Shares of FCX has been consolidating sideways between support near $30.00 and its 100-dma and resistance near $32.00 and its 200-dma (both exponential and simple).

Today's show of relative strength (+2.1%) leaves FCX poised for a bullish breakout past resistance near $32.00 and its combined 200-dma(s). The August 16th high was $32.20. I am suggesting a trigger to launch bullish positions at $32.30. If triggered our target is $36.00.

Trigger @ 32.30

Suggested Position: buy FCX stock @ (trigger)

- (or for more adventurous traders, try this option) -

Buy the 2014 Jan $35 call (FCX1418a35) current ask $1.07

Annotated chart:

Weekly chart:



Skyworks Solutions - SWKS - close: 25.99 change: +0.27

Stop Loss: 24.90
Target(s): 29.85
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 09, 2013
Time Frame: 9 to 12 weeks
Average Daily Volume = 2.5 million
New Positions: Yes, see below

Company Description

Why We Like It:
SWKS is in the semiconductor industry. One of the biggest products are chips for the smartphone industry. The stock has slowly been working their way higher and broke through round-number resistance near $25.00 a few weeks ago. The stock is actually up five weeks in a row. Currently SWKS is chewing through resistance near $26.00 and looks poised to breakout again.

This stock does not move very fast. We may have to adjust our time frame expectations. Today's high was $26.18. I am suggesting a trigger at $26.25. If triggered our target is $29.85. FYI: The Point & Figure chart for SWKS is bullish with a $36.50 target.

Trigger @ 26.25 *potentially a multi-month trade*

Suggested Position: buy SWKS stock @ (trigger)

- (or for more adventurous traders, try this option) -

buy the 2014 Jan $30 call (SWKS1418a30) current ask $0.90

Annotated chart: