Citigroup is warning the rally in solar stocks -- based on rising demand for solar panels, particularly in China, and price stabilization -- may be getting ahead of itself. Analysts claim margins may not snap back as quickly and noting demand is coming from China and India, where prices are "very, very low."
Re: RE : Investor Uprising Index Up 12% YTD
Scott Raynovich
2/12/2012 1:20:58 PM
I would be selling here. The S&P bumped up against 1350 several times and failed, and that's where it failed in April 2011. So there is resistance there. I would be looking for a correction before I buy. If the markets do break out -- that is 1350 gets taken out with conviction, you know something different is going on and you can get back in.
I will have a full "trading/investing" update on Monday.
Re: What's next?
yalanand
2/12/2012 6:37:49 AM
Do you think that could put a floor under prices for solar panels as excess supply in the market dries up?
@Noreen, I think demand for solar panels will shoot up in 2012 not only from China but from other energy hungry nations as well because after Fukushima incident people have realised that it is best to opt for renewable energy.
RE : Investor Uprising Index Up 12% YTD
yalanand
2/12/2012 6:31:15 AM
"So far, the IU25 Index's performance of up 11.4% compares favorably to the S&P 500 index, which is up only 7% YTD"
@Scott great to know that the Index has performed so well compared to S&P. Great job. Do you think its the right time to book profits in some of the stocks which have given such a good returns ? Which sector do you think looks undervalued now ?
cat tail,
I have been running my screens lately gathering a list, though generally stocks seem overextended right now so I wouldn't be adding until a substantial pullback.
I will post and updated list shortly.
--Scott
Along with that question from cat tail Scott, I have another. China hopes to double its solar installations this year. Do you think that could put a floor under prices for solar panels as excess supply in the market dries up?
Thanks, Scott.
I missed the original post, it's good to read it now.
Your metrics is pretty close to mine, it's good to have my strategy confirmed by another veteran.
Well, I found it's not that easy to sort all those stocks with all metrics and keep update every day (or every week). Did you set up an automatic system to keep track of those info?
What's next?
cat tail
2/9/2012 11:35:23 AM
Scott, are there any new companies that have popped up on your stocks to watch screen lately -- ones you are considering adding to the IU25?
Re: Nice job
driven
2/9/2012 11:28:00 AM
Investing Success: Focus on fundamentals, be patient, ignore the noise, and trust the computer more than the voices in your head.
Is that basically it Scott?
mInvestor:
The philosophy, in short, is here:
http://www.investoruprising.com/document.asp?doc_id=205262
Accumulate great stocks over time. Ignore the noise. In order for this to work, you need to almost shut your brain off and trust the computer.
The model portfolios I have come up with using this system have averageds 6% annually during the last 10 years -- that's during a bear market.
Personally, my challenge is probably what everybody else faces: Psychology. I follow my system to a degree, but probably not as much as I should. My personal portfolio was underinvested in 2011, due the risks I have chronicled on this site, but it's a little late to chase this rally so I will wait before I buy more stocks.
I intend to but more portfolios on the Website and explain in the forthcoming weeks...
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