Movers

After the incredible numbers from [[FLR]], I have been buying dips in [[FWLT]] all morning. I think this one easily hits $80 in a few weeks, if not this week. Take a look at the chart here.

Solar is also moving this morning, thanks to [[CSIQ]]. I was heavy in the name as of yesterday, but thanks to getting burned last week gaming earnings, I decided to take the trade off, stupid. To be honest, I’m not all that giddy about solar right now. The only name I’m concerned with is [[FSLR]]. If I can get a close above $300, I will take the trade, other than that I do not care to have exposure.

Take a look at an old favorite [[MRVL]], I like it here. Chart here

Check out today’s chart toppers

There are a number of bullish setups taking place: [[CPKI]], [[VLCM]], [[BIG]], [[MRVL]], [[APKT]], [[NTES]], [[FWLT]], [[VIT]], [[GNK]]

Take a look for yourself

[[EXM]] The twitter widget never lies.

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….

[[EQIX]]

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.