First Solar, Inc. is trading at an attractive valuation level ($13.72, +0.12 (0.90%), this is also a makes FSLR a possible buyout candidate. New tariff rules passed on Chinese solar companies makes First Solar one of the lowest cost solar producers on the market.
Gareth Soloway
InTheMoneyStocks.com…
ContinueAdded by Bryan Leighton on May 23, 2012 at 12:36pm — No Comments
Solar stocks have been pounded for well over a year. While most investors continue to stay away from them, the right decision may actually be to buy them now. Based on valuation levels, they are extremely attractive at current levels. First Solar, Inc. (NASDAQ:FSLR) is trading at $16.85, +0.31 (+1.87%). This is one of the leaders in the sector and trading higher on a down day on Wall Street. At this stage of the game, any horrid news is priced into the stock and the sector. Solar prices are…
ContinueAdded by Bryan Leighton on May 9, 2012 at 12:50pm — No Comments
Added by Bryan Leighton on April 25, 2012 at 12:40pm — No Comments
As I stated a week ago, First Solar, Inc. (NASDAQ:FSLR) would break through the 52 week lows and head far lower. The target price I gave for the move was $24.50. Today, FSLR is trading at $25.75, -1.88 (-6.79%). The master level is nearing. This call has played out beautifully.
Gareth Soloway
InTheMoneyStocks.com…
Added by Bryan Leighton on March 7, 2012 at 1:35pm — No Comments
The markets are seeing some selling on worries stemming from China and Europe. China lowered its growth rate to 7.5%. This is bearish for the entire globe as most advanced economies rely on China. In addition, European issues have started to bubble up again. Things with Greece are getting messy and Spain has said they will not meet the spending cuts required by the bailout of 2011. These raise new concerns of a European defaults.
Apple Inc. (NASDAQ:AAPL) is also selling sharply…
Added by Bryan Leighton on March 5, 2012 at 12:15pm — No Comments
First Solar, Inc. (NASDAQ:FSLR) is trading at $30.38, -1.92 (-5.94%). The stock continues to get hit after reporting quarterly results that did not meet expectations. While this news has sent the stock price lower, many traders are looking for the bottom. The key is to look at the chart and discover the next major support levels. The first obvious level is the 52 week low. The stock price is coming coming into that level at $29.87. This will be a double bottom and a support…
ContinueAdded by Bryan Leighton on March 1, 2012 at 1:03pm — No Comments
The Wednesday before options expiration is usually the most volatile trading session of the week. We call this trading day 'Whipsaw Wednesday' as the action will usually be very erratic. This is a time when the large institutional traders will try and shake out the small retail options traders that is playing the near term expiration. As it goes in life, the big fish will most often eat the little fish, it is no different in the stock market during the week of options…
ContinueAdded by Bryan Leighton on February 15, 2012 at 10:19am — No Comments
The markets are hovering around the flat line as all eyes remain on Europe. Europe has been quiet this week and that is making investors uneasy. The SPDR S&P 500 ETF (NYSEARCA:SPY) $122.28, +0.57 (+0.47%). While the S&P 500 is slightly higher on the day, the technology tracking ETF, PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) is trading at $54.81, -0.08 (-0.15%).
One of the main stocks on the radar today is Research In Motion Limited (USA) (NASDAQ:RIMM). They report…
Added by Bryan Leighton on December 15, 2011 at 2:10pm — No Comments
All of the major stock indexes topped out in early May of 2011. At that time, the S&P 500 Index traded as high as 1370.58, meanwhile, the Dow Jones Industrial Average traded as high as 12,876.00. This morning the S&P 500 Index is trading around the 1220.00 area and the Dow Jones Industrial Average is trading around the 11,910.00 level. It is safe to say that the major stock indexes have come under some serious selling pressure during the second half of 2011. The main catalyst…
ContinueAdded by Bryan Leighton on December 14, 2011 at 10:52am — No Comments
As the market continues to hold the flat line today, many traders and investors are searching the market for the next big winner. Most stocks have rocketed higher in the last week as the Dow Jones Industrial Average jumped by almost one-thousand points. Here are two possibilities for big gains in the coming days.
The first stock is First Solar, Inc. (NASDAQ:FSLR) . After a run from $40.00 to a recent high of almost $50.00, the stock has pulled back. It is currently trading at…
Added by Bryan Leighton on December 6, 2011 at 2:14pm — No Comments
The solar sector is finally participating in a rally. Throughout 2011, the solar stocks have fallen, even during great market moves to the upside. The obvious issue has been margin pressure and the problems in Europe. Europe has long been one of the biggest buyers of solar energy. Austerity measures have meant major cutbacks in solar installations. In addition, overproduction of solar cells from China have caused major price cuts. Prices of solar panels have fallen off a cliff in 2011 and…
ContinueAdded by Bryan Leighton on November 30, 2011 at 12:36pm — No Comments
Stocks are seeing red again after GDP numbers were revised lower this morning. The GDP for the summer months came in at 2%. The futures had been slightly higher during the overnight session but headed south on the economic report. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $118.76, -0.86 (-0.71%).
In addition to the poor GDP number in the United States, worries continue in Europe. While usually a holiday week moves the markets higher, this week traders face worry. Fear…
Added by Bryan Leighton on November 22, 2011 at 12:10pm — No Comments
Yesterday, an article was published from yours truly discussing the recent massive move up in oil. The United States Oil Fund LP (ETF) (NYSEARCA:USO) had jumped over 30% in the last six weeks. The article discussed how money flow would start to cycle away from oil as the easy money had already been made and focus on natural gas and alternate energy like beaten down solar stocks. View article…
ContinueAdded by Bryan Leighton on November 17, 2011 at 11:39am — No Comments
As spot crude oil has pushed through the $100 level, the upside is somewhat limited. Oil is up over 30% in the last six weeks and with the global economy still weak, it is hard to imagine it will push much higher. Investors are searching frantically for the next big energy area. There are some obvious places that money should start to flow.
Natural gas continues to be the obvious answer to some easy money upside. The United States Natural Gas Fund, LP (NYSEARCA:UNG) is trading at…
Added by Bryan Leighton on November 16, 2011 at 1:35pm — No Comments
Whether the markets surge up or down, the solar stocks continue to suffer. One would think the sun vanished off the face of the earth forever by the stock performance in this sector. Today, new 52 week lows are being tagged by companies like Canadian Solar Inc. (NASDAQ:CSIQ) and Hanwha Solarone Co Ltd (NASDAQ:HSOL). Other solar stocks are near their 52 week lows, selling off again today. First Solar, Inc. (NASDAQ:FSLR) and SunPower Corporation (NASDAQ:SPWRA) are two large players that are…
ContinueAdded by Bryan Leighton on November 15, 2011 at 1:55pm — No Comments
In this wild market there are stocks that have outperformed and stocks that have underperformed. In addition, there is a class of stocks that have been crushed. Every trader wants to know when the right buying opportunity is for these stocks. First Solar, Inc. (NASDAQ:FSLR), Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) and Diamond Foods, Inc. (NASDAQ:DMND) have all been hammered recently for earnings misses or possible accounting issues. The drops have been epic and the bearish…
ContinueAdded by Bryan Leighton on November 14, 2011 at 12:53pm — No Comments
While the market chops up and down, some key well known names continue to sink lower. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR), First Solar, Inc. (NASDAQ:FSLR) and Research In Motion Limited (USA) (NASDAQ:RIMM) are all top tier names on Wall Street that are fighting to survive. Below are the master levels where these stocks will find support. These levels will finally represent a solid risk to reward long play.
Green Mountain Coffee Roasters Inc. is down from a 52 week…
Added by Bryan Leighton on November 10, 2011 at 1:58pm — No Comments
European news leaks continue to whip the markets up and down. Early in the day, word of a major vote in Italy on a budget drove the markets higher. Hopes of a significant resolution to the Italian debt problems circled in the air. While Berlusconi won the vote, the parliamentary majority was lost. This means any sort of political effort towards a major bailout deal could be a tough fight. The markets initially spiked higher ahead of the vote but sold off as deadlock looks to be the end game…
ContinueAdded by Bryan Leighton on November 8, 2011 at 12:54pm — No Comments
There is a broad based squeeze going on in the Solar sector today. First Solar, Inc. (NASDAQ:FSLR) is jumping to $60.26, +6.49 (+12.07%). All other solar stocks are also seeing massive gains. Even Chinese players like Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP), LDK Solar Co., Ltd (ADR) (NYSE:LDK) and Trina Solar Limited (ADR) (NYSE:TSL) are all popping.
Last week I wrote an article discussing the likelihood of a solar bottom. This was on the basis of major levels hit and an…
Added by Bryan Leighton on October 24, 2011 at 12:33pm — No Comments
As the markets are holding the flat line, certain stocks demand direct attention. This can be key to seeing moves and profiting.
First, the double top on International Business Machines Corp. (NYSE:IBM) is holding firm. Even with the markets inching up, IBM has fallen back below the double top level of $185.63. As long as the stock does not close above the high from yesterday, it could be viewed as a short. The high from yesterday was $186.63.
Next on the list of stocks…
Added by Bryan Leighton on October 11, 2011 at 12:25pm — No Comments
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