ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
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
I bet many American solar companies wish they could get the kind of government sponsorship that Chinese solar companies can get from their government. Last week, I used Cetrotherm Photovoltaic’s deals with China as the latest examples of China’s seriousness about developing capabilities in solar technology. Today’s big news from China benefits LDK Solar, one … Read more
OK, by “stealth” I really mean I have not paid close enough attention to the rallies in several solar stocks. 2010 has been a year of true divergence for solar stocks. Some solar stocks have been in year-to-date rallies and others have been declining all year. The net result is an awful -25% year-to-date performance … Read more