The fate of solar weighs on [[YGE]] report tomorrow morning. Should the company blow away numbers, prepare for another boost higher.
[[STP]] reports next week, should they also report great numbers. [[SPWR]] will easily be back @ $100, and the rest of the sector we be up another 10%.Fun times, or not.
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Good 4th qtr #’s may be tempered by 1st qtr disappointments due to severe weather in China:
http://www.reuters.com/article/marketsNews/idCNTN0517998920080205?rpc=44
You expecting the market to look past this and go with the momentum if q4 is good or is this entirely a TA trade?
I’m still a bear here Cajun. The fact that all of these continue to trade beneath their major moving averages can not be ignored.
However, there are certainly some short-term swings for the nimble.