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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TAN is down more than 4% today after the shocking news that GTAT is filing for bankruptcy. We certainly didn’t expect that filing, but since GTAT makes up 3% of the TAN etf, and GTAT …
Continue readingTAN’s technical situation remains quite precarious, as the solar ETF was rejected today from its 50 day moving average, and is now back below its 200 day ma: I discussed the technical setup in TAN in …
Continue readingOne of the speculative leaders in 2013 was the solar sector. We are big long-term bulls on the potential for solar power, especially given the steep cost declines over the past 3-5 years that have …
Continue readingHere is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was June 16th – June 20th:
Continue readingWe have pointed out on more than one occasion of late that healthy bounces off of the May lows of hard hit high valuation stocks have been few and far between (NFLX & Z), with far many more within …
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 readingThe fallen growth stocks are some of the biggest winners on today’s move higher in the broader market. Internet, biotech, and solar stocks are all outperforming. I wrote about the three sector etfs for these …
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 readingOver the last year, there have been a few sectors which have been blazing, with many stocks in those sectors doubling or tripling in that time. While the S&P 500 is down about 5% from …
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