Friday, May 30, 2008

Solar Volatility

Solar stocks are gapping up furiously here on a pop in oil and an upgrade. It's impossible to trade these names when they gap up 5% so the only thing to do is watch the charts and wait for some decent entries. Tech stocks are up a bit on the DELL report and we are looking at consumer spending and income data this morning. If oil were to reverse and rally I will be looking to short some solar.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.