Fish Gone Bad

An In-Depth Look at Solar Stocks

The purpose of investing money is to make a profit. This week the markets saw the US Government declaring support of Fannie Mae, Freddie Mac, the rest of the financials, while declaring war on short sellers. This week also saw the top of oil at close to $150/barrel. First the financials: I truly despise all of the financials except JP Morgan. The short sellers did not make these companies make risky loans, and these loans are still an ongoing problem. For now, I am not investing in them, I am just waiting for them to top out again before trading them to the downside.
Second the transportation sector: Now is the time to invest in companies that use a lot of energy and can now make money in the near term with declining fuel prices. Things like the airlines and trucking companies. Trucks have to move food, and planes have to fly people around the world.
Now on to solar companies: I have been in love with solar since the oil crisis of the 70's. There is a time to own, and a time to not own all things. By the way these stocks have "not been going up", I do not see a bottom in this sector in any time frame that I would like to put into print. That said, ENER still looks pretty strong and LDK should be an interesting buy once it gets into the $20-$25 range.
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