And, it actually feels like we may move higher from here.
I made a few moves this morning as 850 was taken out with no problem. I bought CME & I also added to my alternative energy basket and bought some CLNE (looks great here). ENER reports on Monday, so watch for the sector to move next week (still long ENER) . My only regret for the week is that I sold FAS around 8 and change, damn it’s on fire today.
I will try to do a top ten review video later today, been a busy week.
Note: Bringing my longs with me through the weekend.
CLNE 6mo chart:
ESLR totally busted the whole sector today, so bitter.
agreed, the sector could have been on fire with this rally. But, just remember ESLR always blows.
CLNE getting ready to BTFO.
Post update: CLNE chart
USO on fire!
ESLR is going to be a major solar player. just wait for the time around 2010.
GIGM perking up a bit.
Just bought a few puts on GE to hedge a few longs.
yeah, GIGM and MELI both looking interesting last 2 /3 days
RC: what do you think was up with FSLR yesterday? It was down $3.5 when the rest of the sector – and overall market – was up pretty good.
Profit taking after an $11 run-up? Resistance at 150? Possible bearish reversal?
Thanks in advance for any insights.
i seem to remember hearing something yesterday about stimulus proposal removing some the money that was to be used to support alternative energy.
Anybody know if this is true?