This video covers all of the solar stock trade ideas that I've been highlighting since early April, most of which have mounted gains in the high double-digits to triple digits. Updates on those trade as well as some additional trade ideas along with my near-term & longer-term outlook for the solar sector.
This will be the first of several videos covering some of the sectors, industries and commodities that appear to be setting up for objective trading or investing opportunities. This video starts with an overview of XLE (Energy Sector ETF) followed by the outlook for XOP (Oil & Gas Exploration ETF), OIL (Crude Oil ETN), USO (United Stated Oil Fund LP) and concludes with detail coverage of the solar sector, inducing TAN (solar ETN) and updates on all of the solar stocks that were first highlighted as setting up for what could be "potential explosive rallies" the April 4th Solar Stock Trade [...]
As a follow-up to the Solar Stock Trade Setups post from April 4th, the majority of those trade ideas have exhibited very bullish price action, which I'll update below along with some additional long-side trade setups in the solar sector. SPWR (SunPower Corp) has rallied over 41% since posted as an aggressive long trade idea here at the bottom of the wedge just 7 weeks ago & still looks good up to at least T2 & possible T3. Trading around 1/10th of 1 cent, ASTI (Ascent Solar Technologies) is the most aggressive/speculative of all the solar trade setups that [...]