If in fact this economy has bottomed out, which many believe it has, can it be safely assumed that silicon prices have as well? If so, then so has FSLR's cost advantage. With the price of other commodities as our guide (with the exception of nat gas) that may very well be the case.
First Solar's Reversal After Earnings Is Hard to Understand [View article]
There are quite a few "i told you so's" out there on FSLR as if to say they knew the stock would reverse $40 bucks following what was a very impressive quarter (which seems to have been thrown out the door). Granted, it's all about the future with stock pricing and the Germany uncertainty has given traders the jitters. What seems to be missing in ALL the analysis I have seen so far is the possibility that maybe, just maybe.. silicon prices prices recover quickly and the cost advantage is restored. Perhaps it's the same people who think that oil won't ever get over $100 again.
First Solar's Reversal After Earnings Is Hard to Understand [View article]
Good comment Jigar.. you're right on about the fundamental picture. It's the million dollar question. I still think the reversal was a bit of an overreaction, but of course the market doesn't care what I think. The action on Monday will be telling.. can it stem the bleeding?
First Solar's Reversal After Earnings Is Hard to Understand [View article]
Thanks for the lesson, but I see it differently.. guess that's what makes a market eh? Perhaps you and I are looking at different time frames or charts for that matter. The double bottom breakout of 4/30 remains intact.. not too concerned unless it takes out the 140 level.
Rally Broaches Resistance: What the Charts Say [View article]
taking technical analysis completely out of the equation common sense says that following a 30% sharp rise in a bear market with little institutional participation, you at least take something off the table.
Greg Reid: Geothermal, the 'Sleeping Giant' [View article]
Surpised Raser Technologies (RZ) wasn't mentioned here. Their 10MW Hatch plant is now up and running and delivering power to Anaheim with studies indicating 230MW of potential their. I'm currently covering all green stocks at greenstockscentral.com
Economic Stimulus Package: Too Much Pork, Too Little Stimulus [View article]
I knew this would turn into .. well, what about Bush... the mistakes of that administration are behind us. I don't have a political agenda just pointing out the facts that there is a ton of crap in this bill that will do zero to stimulate the economy and not one republican voted for it.. along with 11 democrats. This isn't a bill for social programs, pet projects and pork, its about getting the economy going period.
Satyam Fraud and the Advantage of the Self-Investor [View article]
andyn, yes it's a look after the fact in this case but the bottom line is that deterioration showed up months before the fraud was revealed. Regardless of what ultimately happened, this is a stock that should never have been held because it broke down below the 50 dma again and again.
true, gaps often get filled and that offered a high risk entry point for a trade on the long side.. its also true that once the gap came close to being filled, the odds of retesting the lows (or lower) increased greatly
many many more examples of the charts revealing big problems before the news gets out.. this is just one example
Follow the Mutual Funds: Solar Is Bottoming [View article]
First Solar might be the best fundamentally and technically in the space.. STP looks mighty sick still on a technical basis and looks like it will at least test the lows again. I'm long FSLR
Home Builders Surge, Overbought in Short Term; Top Play NVR [View article]
Abolutely, the market is ALWAYS the leading indicator. BLG looks like an interesting trade but certainly more risky than a LOW, HD or MHK as far as building supplier goes. As with the builders, these names are also quite overbought in the short term.
Why I Believe Stock Charts Are Leading Indicators [View article]
Of course charts aren't going to be 100% accurate and getting in at the exact bottom or exact top isn't going to happen. However, they do indicate the strength/weakness of any market. The charts alone predicted the coming sell off in Oct/Nov based on selling intensity and resistance levels alone. I was pounding the pavement on this for several weeks. As for what time frames or methods, the analysis works on all time frames and for the record I keep it simple and just base my analysis on price/volume & support/resistance. I don't think it needs to get more complicated than that. Seeking Alpha didn't include my chart analysis in the article for some reason. It's over at selfinvestors.com/trad.../ if interested.
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First Solar's Reversal After Earnings Is Hard to Understand [View article]
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If in fact this economy has bottomed out, which many believe it has, can it be safely assumed that silicon prices have as well? If so, then so has FSLR's cost advantage. With the price of other commodities as our guide (with the exception of nat gas) that may very well be the case.
First Solar's Reversal After Earnings Is Hard to Understand [View article]
First Solar's Reversal After Earnings Is Hard to Understand [View article]
First Solar's Reversal After Earnings Is Hard to Understand [View article]
Rally Broaches Resistance: What the Charts Say [View article]
Greg Reid: Geothermal, the 'Sleeping Giant' [View article]
Economic Stimulus Package: Too Much Pork, Too Little Stimulus [View article]
Satyam Fraud and the Advantage of the Self-Investor [View article]
true, gaps often get filled and that offered a high risk entry point for a trade on the long side.. its also true that once the gap came close to being filled, the odds of retesting the lows (or lower) increased greatly
many many more examples of the charts revealing big problems before the news gets out.. this is just one example
Follow the Mutual Funds: Solar Is Bottoming [View article]
Wachovia CEO's Insider Buying Is Another Indication of a Bottom [View article]
Gaiam Won't Stay Off of Wall Street Radar for Long [View article]
Home Builders Surge, Overbought in Short Term; Top Play NVR [View article]
Why I Believe Stock Charts Are Leading Indicators [View article]
Thornburg, American Home Mortgage, Countrywide Financial: Analyzing the Analysts [View article]