Avoid Hard Lessons: Read This Post

The momentum is back. Once again, the solar and 3-D printing space is leading the way higher. I am sure you cannot find indexes dedicated to these industries anywhere but iBC. At the moment, both solar and 3-D printing are up nearly 2% for the day, with gains in ASTI, ENPH, LDK, CSUN, CIMT and XONE. I know, it’s hard to buy into stocks that have already run higher. The miser in me wants to short them or buy into a sector that is ‘cheap’ and overlooked. The fact of the matter is, more often than not, that’s a huge mistake.

Things in motion tend to stay in motion, meaning: buy the momentum. You are more likely to bank coin by buyingh the 52 week high list than the 52 week low list, yet I find many amateurs chasing precious metals, coal and steel stocks into the dirt. Let me be clear: there’s nothing with trying your luck with some dogs. But some people dedicate their entire investment philosophy around it. I am here to tell you, in no uncertain terms, you, sir, are an amateur.

You want some actionable ideas. How about some good old fashioned short squeezes?

I am 120% long, so I won’t be buying anything without selling something first. But if I was in the market for something exciting, I’d be looking at the following 5 names.

ENPH
HNR
NGVC
SCTY
HLF (KILL BILL!)