ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
A fresh buying opportunity may finally be unfolding in the solar sector. In Tech Trader Daily on Friday, Eric Savitz broke news that the U.S. government is launching an official investigation into alleged unfair trade and investment practices by the government of China in green technologies. Across the board, solar stocks were slammed in reaction … Read more
Evergreen Solar (ESLR) is picking up where it left off. ESLR ended September with a 20%, 2-day gain, and for October, the stock is already up another 50%. In just two weeks, ESLR has rolled back over four months of losses. *Chart created using TeleChart: ESLR is currently showing off its “Made in the U.S.A.” … Read more
Today I learned for the first time that J.P. Morgan (JPM) has a sizeable portfolio of alternative energy investments. Through J.P. Morgan’s Energy Investments group the company has grown a 6 gigawatt portfolio over the last 7 years. This multi-billion dollar portfolio is co-owned with 13 energy firms and is mainly focused on wind energy. … Read more
After solar stocks soared in September, expectations are riding high for solar companies to carry their earnings momentum from the second quarter’s reports into the third quarter’s reports. First Solar (FSLR) made a big step in the right direction by announcing that it received an additional 380 Megawatt in orders from existing customers for delivery … Read more
Canadian Solar (CSIQ): 20% Evergreen Solar (ESLR): 20% Yingli Green Energy (YGE): 14% JA Solar Holdings (JASO): 11% Trina Solar (TSL): 10% ReneSola (SOL): 9% These solar companies are the top six performing solar companies in my watchlist….not for the month or the year, but for the last TWO DAYS. While only three of the … Read more