Wall Street has a habit of grouping stocks into sectors. For example, almost every trading day we hear market participants refer to sector performance in areas like semiconductors, retail, energy, banks, etc. This keeps things …
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Not all Solar companies are created equal, those like SunEdison (SUNE) who have, and FirstSolar (FSLR) and Sunpower (SPWR) who have recently announced plans for a Yieldcos* (read our discussion here and below) have dramatically outperformed those …
Continue readingFSLR is trading at a new 6 month low today after trading nearly 11% lower on its earnings report last week: The stock has struggled ever since it broke its 200 day moving average in …
Continue readingEarlier, I highlighted the technical situation in solar panel provider SCTY (here) and concluded that the stock could be an inflection point as it has seen declining momentum and failed to make a higher since …
Continue readingSolarCity (SCTY) is the epitome of a story stock. It has a special place in this latest cycle of the bull market as a younger brother to TSLA, since Elon Musk is its Chairman and largest …
Continue readingTAN, the solar ETF, is breaking its 200 day moving average today for the first time since April 2013. It has been quite a run for the sector, as TAN has gone from $15 in …
Continue readingSolar has been one hot sector over the past year. The most popular solar ETF, TAN, was trading in the high teens last March, vs. almost $50 today. The ETF has essentially tripled. That would …
Continue reading1. AIG – stock continues to decline, now down 8% since its earnings results last week and now essentially trading at the low from early October. A trader made a fairly large upside bet in …
Continue reading1. MSFT – The stock continues its run to multi-year highs, and the best performer in the Dow Jones Industrial Avg for the second day in a row. While the price action in the stock …
Continue reading1. CSCO – stock broke out above its 200 day moving average on decent volume in front of what some market participants are calling a highly anticipated product launch in the networking space (here). One …
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