Monday, April 28, 2008

Time to straddle PBW again

Hey everyone

The chart of PBW is again telling us to straddle. I would pick the Sep 21's and 22's. With earnings coming up in the next couple of weeks for the companies covered, there should be some decent volatility. The image is blurred but you can see the price is right on the 15ma and the bands are closing. The chart will allow a straddle because of the volatility and the consistent following on the edges of the bands to provide more than enough profit to cover the loss on the other side. Also, 700, shares have been traded by 1 PM eastern which is fairly heavy at this point in the day. Thanks to Optionsxpress for the chart.

tax rebate worries

Hey everyone

I heard about the feds hurrying up with the tax rebate checks and I am concerned about why they are doing this.

My feeling on the subject is that they are quickening the process because as the president said this weekend "People need money to pay for their gas and food." Now this is a dramatic change from when the plan was first announced and the president talked about using it on consumer goods such as electronics or clothing.

The other reason I am worried is that I bet there is someone at the fed who is increasingly worried about the economy in general and made this hurry up happen.

My two questions to the fed are how bad is it and how bad is it going to get?

Friday, April 25, 2008

PBW Earth Week

Hey Everyone

I was very encouraged by all the news coming out of the companies that PBW encapsulates. Here are some of the stories. The chart also looks bullish as the bands are getting closer together and the 15 has crossed the 50. Earnings will be coming out in early to mid May so be ready for some volatility. You might think a straddle is in order here just to be safe.

Solar in General - CNBC clip and article on Solar

PBW - Najarian recommends

FSLR - New IR chief

TSL - New 6 year silicone contract

Monday, April 7, 2008

PBW news and holdings 4/7

Hey everyone

Here are the top ten and news stories for PBW and the top ten

Fund Holdings subject to change
Suntech Power Holdings Co. Ltd. (ADS) 3.74%
Yingli Green Energy Holding Co. Ltd. (ADS) 3.69%
JA Solar Holdings Co. Ltd. (ADS) 3.65%
First Solar Inc. 3.56%
Trina Solar Ltd. (ADS) 3.55%

Evergreen Solar Inc. 3.55%
SunPower Corp. (Cl A) 3.54%
Ormat Technologies Inc. 3.17%
Echelon Corp. 3.12%
Energy Conversion Devices Inc. 2.80%




PBW - Seeking Alpha article on top revenue by ETFs

YGE - Solar starts week strong

TSL - Motley Fool article on solar

ESLR - Rueters article on plant expansion

ELON - Yahoo article on Philips agreement