During the last few days I have been noticing some underlying strength in alternative energy. If the market can regain its footing here, it’s only a matter of time before the sector catches some juice. One of note, which has been popping up on numerous screens, is $BWEN– a wind energy company. I will be taking a position in the name on further strength:
I will also be watching $YGE & $SOL, both above their 50 day MA’s, which serves as an excellent exit point should the market continue lower.
And for the gentlemen of The PPT, don’t forget to search the small bomb screen located inside the blueprint. Always some good finds, especially in a turn around situation.
If you enjoy the content at iBankCoin, please follow us on Twitter
Nice post, RC. I agree. i think they bottomed before everything else.
RC 4TW!!
TMI, I know you like that BWEN.
Thanks Chess.
yesterdays bottom is under pressure, lets see if we can hold.
PBW is a well balanced clean energy Etf. I use it as a trend proxy for wind/solar. TAN and FAN are nice too, but, a bit on the low volume side.
http://finance.yahoo.com/news/Obama-awards-2B-for-solar-apf-265520777.html?x=0&sec=topStories&pos=1&asset=&ccode= lol U killed it sir!