President-elect Barack Obama has often repeated his stance on alternative energy. He plans to spend $150 billion over 10 years on alternative energy, not only as part of his energy independence plan, but also in order to help clean the environment, and perhaps most important of all, to create 5 million new jobs.
With Obama winning in the polls, it is no wonder that on Tuesday solar stock prices soared: SunPower Corporation (NASDAQ: SPWRA) finished the day up 14.6%, Suntech Power (NYSE...
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
"It looks very much to me like there will be a rough few years ahead in the United States, whichever candidate wins; however, if Obama wins, we see opportunity in select stocks such as Microsoft, Time Warner and First Solar," says Martin Hutchinson in The Money Map Reporter.
"If Obama takes the White House, interest rates will surely rise. And the ma
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
Based on their campaign promises and party platforms
This will be my third time published here (but my 4th time with my actual trading account) that I will play the movement of FSLR. It should bounce off the $245.00 level and proceed up to the $280.00 level within the next 10 trading days. If the 280+ level is maintained for more than 4 consecutive trading days and there is a solid bounce off of the 50 day SMA I will only close out half my position and hold on for the next upswing.
I am allowing for a maximum loss of $7.00/share on this one. If it can break down to and through $240 I will close out the trade and wait for a further b...
"Sometimes you have to go out on a limb because that's where the fruit is," says Josh Wolfe, adding, "In the words of renowned investor Shelby Davis, 'You make most of your money in a bear market. You just don't realize it at the time.'"
In The Forbes/Wolfe Emerging Tech Report he states, "Now is a good time to take stock of our portfolio." In doing so, he highlights First Solar (NASDAQ: FSLR), which maintains its buy rating in his long-term model portfolio. Here's his review.
"When the stock market tumbles, investors tend to react in one of two ways: Either they panic and sell their stake, o
Basically the exact opposite of the previous FSLR trade I posted which saw gains from 246.00 / share through to 281.00 in a long position. This took place over about a week and the reversal at the top has started so I am taking up a position for a 1 week short play down to the 250.00 closeout mark, for $20.00 + profit per share.
It will have similar risk-reward setups to the previous trade (obviously within the short context), so if you're interested in a layout of where I set my stops and price points as well as sliding risk management, have a read at my previous FSLR posti...
3x swing between levels in last 7 weeks with 8 trading day average movement from level to level. I will take a long position as follows - here is the risk assessment and stop loss levels.
Initial Investment
100 shares x 246.00/share = $24,600 in open LONG position
Our signals are mid and long term bearish on FSLR. We see a test of the $200 area after a break of $250 in the next few weeks. The stock usually encounters resistance in the high $200's and the ideal negative entry point is in the $270-$280 area, STT
Many things happening now are boosting the outlook for solar stocks in the energy industry. High oil pricing due to strong demand worldwide also places solar as the front-runner among renewable energies. US presidential candidates Barack Obama and John Mccain's strongly support solar and wind energy, making this sector very attractive for investment no matter who wins. There are two companies in this sector investors should expect strong earnings from for this quarter: First Solar (FSLR) and Solarfun PowerHoldings (SOLF).�
First Solar is the leader in this sector. The company reported 1st q
Make no mistake about it, we are in the midst of an unprecedent crisis. Every one is watching Fanni Mae (FNM) and Freddie Mac (FRE). Every one knows what a collapse of these two mortgage giants could mean, and what a high cost a government bailout would be. I encourage you to watch what Jim Rogers had to say about the crisis. I also encourage you to read Jim Sinclair's daily commentary to understand what's going on.
People, wake up! This is a worse crisis than even the Great Depression. I don't see anyone in our government capable of handling it. The best you can do is try to protect yours
7/7 - "Cowen notes Solar stocks have been pummeled by concerns about a potential sharp drop in Spanish solar subsidies. In firm's view, a proposed 2009 cap of 300MW is unlikely to become law, as it would cause significant job losses and business closures. Unemployment and economic growth are the major issues for the Spanish government. The power sector has accumulated a large deficit, because regulated prices have not kept pace with fuel costs, underscoring the case for renewables.
They see Outperform-rated thin-film players ENER ($64) and FSLR ($253) as best-positioned, but believe Outper...
is there a way to pick a target entry point?
- Hi,
I would like to put a bullish call on FSLR to about 335.00 but it's in a range right now and I think it's going to swing down to around 255.00 -
FSLR is a one way stock
- FSLR rallied HARD today on an upgrade. All the solars rallied basically. Our current fav is ENER. FSLR is a one way stock, meaning it usually trades ...
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FSLR
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About First Solar Inc.
- Answers.com
President-elect Barack Obama has often repeated his stance on alternative energy. He 
"Sometimes you have to go out on a limb because that's where the fruit is," says 
There are two companies in this sector investors should expect strong earnings from for this quarter: First Solar (FSLR) and Solarfun Power Holdings (SOLF).�
