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RaginCajun

Thoughts on Solar

Solar is at a critical point right here, we either breakout or breakdown. We have two important reports coming out within the next 24 hours, [[CSIQ]] & [[LDK]]. I have no reason to believe the reports will be bad. Every company that has a solar division is reporting record revenues as well as sustained growth.

After selling a heavy position in [[CSIQ]] today, I have zero exposure to solar. Bearing good news from the sector, that will change in a heartbeat. Setups are setting up nicely in the space, I will keep a close watch and plan out my next win. Stay tunned….

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CSIQ: Sold @ 34.00

I really wanted to hold [[CSIQ]] through earnings, but after this run I decided to take the trade off. This is still my favorite solar stock going forward. Another win for the Cajun.

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ENER: Bought @ 47.70

[[ENER]]

Also bought [[EXM]] and shorted [[OIH]] @ the open.

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