What a day for solar stocks......
Solar stocks were UP anywhere from 9% to 15%......
STP ER gave a confirmation that "worldwide GROWTH in Solar is way BIGGER than Spain contraction"
Most solar stocks were trading above their support area...NOW all of them are challenging their RESISTANCE......
In my portfolio :
Sold KGC ....booked a gain of 52 cents per share....got to take ANY gain which comes your way....
Bought CSIQ cost $30.25.....Has built a very long & strong base above $27.....
Portfolio is SOL,CSIQ.....all Solar.....
CSIQ rating 40/60 target $38.26....
SOL rating 10/30 target $28.34....
Financials were in the news that FNM,FRE are going to Zero as Feds will take over ????
Techs,Ag,Steels were strong also......
It is a difficult market to make money...so I trade some & keep some as core position....
BLOG does NOT give buy or sell.
Saleem
4 comments:
SALEEM
Gotta be in some oils..... THis is one tought market and you are so right to take profits as you get them.
I was reluctant to take some profit and saw profit disappear. Not good!
Look at some tech -- time for AAPL to shine still saying $220 a share coming.
Alos Monsanto poped up $5 bucks yesterday more coming, IMHO
Still liek PW, PWE, sold my TLM for a profit.
Do NOT forget the drillers HAL is a good one nad cheep--CNBS says that were the money is.
Solar was taked about and big i Europe.
Cheers to all
Peace
Hi Madmax,
Making money in stocks is becoming a TOUGH business.
I am buying oversold for a safe entry and booking small profit as Oil,Gold are in a YOYO mode even INTRADAY.
Saleem
Good Morning Saleem, Madmax.
Mad, I'm also in PWE, along with TRA & JRCC. Are you still in PQ?
Any thoughts on a good entry point?
Victor
Hi, salim
It looks like solor sector will be down today. Profit taking. I did too.By mistaken yesterday bought SOLF rather then SOL???Out today but bought CSIq at 33. And bought ASTI.
Thnxs.
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