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Somsanith Donesing's  Instablog

Somsanith Donesing
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I'm an independent investor and has been trading stocks for the past 10 years. I also like to write and express my opinion. Hopefully people will find my articles enjoyable and informative.
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  • What To Do In This Kind Of Volatile Market:

    What to do in this kind of volatile market: I think we need to remain calm and not panic, cause the last thing we want to do is trade with our emotions. And that can be disastrous. When we enter a position, we must predetermine our risk and reward ratios (stop loss). If the stock we're holding doesn't reach our selling point than we should stay on course and neglect all the bad news around us.

    It's difficult to time and predict which direction the market will move daily. And we can't be trading on news especially if there are always going to be good and bad news every day. We should invest and trade on a longer time frame and stick to our trading rules, and not trade on our impulses.

    Apr 18 1:24 AM | Link | Comment!
  • FSLR

    FSLR Bullish on Middle East and North Africa regions power growth. Ahmed Nada, Vice President of Business Development for the Middle East, told a media briefing in Dubai.

    Ahmed Nada, who was appointed in February to run First Solar's first regional office in Dubai emphasize how Middle East and the North African regions are looking to other alternate energy beside depending on their own fossil fuels to outweigh their power growth. And FSLR is in the position to help these countries meet their power evolution.

    FSLR has already built 5 megawatt photovoltaic (PV) plant in Dubai and won a contract to construct a 13 megawatt PV plant south of Dubai.

    FSLR stand to win more contract in these countries because of its leader and its advance PV solar panels. PV panels can capture sunlight and transform heat directly into electricity compared to the Concentrating Solar Polar (NYSE:CSP), which uses mirrors reflecting the sun's rays to heat a fluid that creates steam to power a turbine. And PV solar panels are cheaper than the CSP. Ahmed Nada sees consistent growth for solar in these regions for 2013 and going forward.

    Tags: FSLR
    Apr 17 12:02 PM | Link | Comment!
  • Dow Will Get To 15,500 By The Year End.

    Many have been expecting for awhile that the market would get some correction soon due to the Sequester, the crisis in Cyprus, and the North Korean war posturing. In addition to everything that's going on, the Dow Jones has been on the bull market for the last 4 years. However, the market can shake off any bad news that arose, and today the Dow closed at an all time high at 14,865 +63. I think that we're still in an early stage of recovery and most companies are seeing some growth in their businesses. And that would help push the market higher. I predict that the Dow will reach 15,500 before we'll see some kind of correction, if there will be one.

    Apr 14 9:02 PM | Link | Comment!
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  • FSLR, If you own FSLR and the stock went up from $27 to $37 in just a few trading sessions, would you sell or would you hold onto it?
    Apr 14, 2013
  • I'm bullish on FSLR going forward.
    Apr 14, 2013
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