Showing posts with label First Solar. Show all posts
Showing posts with label First Solar. Show all posts

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%


Upgrades/Downgrades

None


News

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

Wednesday, March 19, 2008

3/17-19 PBW news

Hey everyone

Belated Happy St. Patty's day!

Below is news, and any upgrades/downgrades of the top ten holdings of the ETF. I am still bullish on the ETF and still own the 22, 24 June credit spread. I would like to thank Yahoo! Finance, Marketwatch, and Powershares for the information.

Top Ten Fund Holdings subject to change

Applied Materials Inc. 5.47%, Cree Inc. 4.95%, MEMC Electronic Materials Inc. 4.64%,
Itron Inc. 4.39%, Ormat Technologies Inc. 3.75%, First Solar Inc. 3.65%, IDACORP Inc. 3.57%
American Superconductor Corp. 3.56%, OM Group Inc. 3.52%, Cosan Ltd. (Cl A) 3.44%

Upgrades/Downgrades

AMAT - In a story reported by Marketwatch, Applied Materials was upgraded by Caris and Company with a price target of 27 from 21. The full story is also in news.


News Stories

AMAT - Upgraded by Caris

MEMC - CEO made 1.8 million dollars last year

ITRI - NY Investor Day

FSLR - Cramer thinks this day is different

AMSC - New Orders from overseas

Thursday, March 13, 2008

3/13/ PBW

Universal Display is releasing earnings after the close today. So we should see some movement on this tomorrow.

Here are the news for the 13th on PBW:

IBD article on Itron

Motley article on Ormat and First Solar

CNBC article on First Solar

Have a great day

Wednesday, March 12, 2008

PBW 3/12

Hey

PBW has hit another bottom and has moved up over a dollar from that low. I am thinking there might (and I stress might) be a W forming here. The 50 day has crossed over the 200 day average and is located just at the middle of the prospective W (at about 23). I believe there is a short term bullish call up to 22.50. There will be some resistance at that point so watch out for that. If it breaks through this point, we will have a W. If not, I would wait and figure out if there is a range to be traded. Another note is that the bands have opened up and this stock has a history of riding the edges both negative and positive. Keep that in mind. Here is a graph as of 10:45 CST today. Stories of the day are below the graph.

Thanks to Yahoo Finance, Optionsxpress, and Powershares.


Seeking Alpha article on PBW

Seeking Alpha article on Suntech

TSC article on CREE

WSJ article on ITRI

Yahoo! article on Solar







Monday, February 25, 2008

PBW news 2/25

Not much movement or news today. There was a story about First Solar in the WSJ's Investing section but it was fluff being the hot stock in 2007. But press is press.

The bands are within 2 points of eachother which is the closest they have been in 3-6 months. Expect some movement this week as the fed chairman speaks to congress and a couple of the companies are releasing earnings.

Later

Thursday, February 21, 2008

PBW info

Hey everyone

The following stories about companies within PBW seemed relevant to post. I also posted the stories on Yahoo! Finance if that is easier

- thestreet.com article on First Solar (company web site)
- seekingalpha article on PBW (company website)
- reuters article on Itron (company website)

I think the ETF has hit a gathering period. I still feel my 22-24 June spread is a good trade.

A penny for your thoughts.......dollars for our investments!

Monday, November 12, 2007

Etrade and last week

Hey

Etrade is now currently trading at 4 bucks a share. There is a chance that they might have to declare bankruptcy. The Yahoo article is below.

http://biz.yahoo.com/ap/071112/apfn_e_trade_out_of_the_gate.html

The slide in stocks will slow but I am starting to believe the market will be in a trading range. This might be a time to sell some out of the money calls to pick up some extra cash in stocks in markets such as food (MCD, PEP, KO). The extra cash could be used to pick up some shares within these companies that will continue to make money.

If you are looking to speculate, look no further than alternative energy. First Solar has continued to move up into the 200 dollar range. This might continue with the oil market consistently making new highs. As long as oil is up, so will the other energy markets.

Being that it is veterans day, the thought of investing in defense contractors seems like a solid bet for the forseeable future. But do your homework and find the right company. This is just a thought.

Good luck and happy veterans day!!!!