My Trading Adventure
Crash : Solar sector
CP TEH
Publish date: Mon, 30 Jan 2017, 11:05 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Description : http://www.firstsolar.com/
First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions. The Company designs, manufactures and sells PV solar modules with thin-film semiconductor technology, and also develops, designs, constructs and sells PV solar power solutions. The Company operates through two segments: components and systems. The Company's components segment designs, manufactures and sells solar modules, which convert sunlight into electricity. The Company's systems segment provides PV solar power systems or solar solutions for systems, which use the Company's solar modules. The Company provides operations and maintenance (O&M) services to plant owners that use solar modules manufactured by the Company or by other third-party manufacturers. The Company has approximately 30 manufacturing lines around the world and over 2.8 gigawatts (GW) of annual manufacturing capacity with lines having a production capability of approximately 2,500 modules per day.
Aug 2007 : USD100 level
May-2008 : USD300 level
Nov-2008 : USD 90 level
May-2009 : USD 200 level
Feb 2010 : USD 100 level
Aug 2011 : BROKEN USD 100 level
Mid-2012 : USD 12 level
June-2013 : USD50 level
Peak at Aug-2014 : USD70 level
current : Jan-2017 at USD 30 level.
Check the volatility ... in 'solar' sector ... and now we are going to visit low @ mid-2012 again due to Trump's policies on 'renewable energy'.
The sector will be crashing lower and CRUDE OIL will recover from here.
SunPower : During the 2012 crash ... it was around USD5. Currently trading at low USD6.40. During mid-2008, it was trading at USD100. Imagine if one caught at high-cycle level ... and didnt cut-loss. Now we are going back to low of the cycle ...
TAN (ETF for Solar) : If we want to look at the sector, we could check the ETF related to the sector ... and one could clearly se the down cycle. There are many solar-companies closed-shop ... in mid-2008, at the peak ... TAN is traded at USD300 level ... today is USD17 level.
Description
Guggenheim Solar ETF, formerly Claymore/MAC Global Solar Energy Index ETF, seeks investment results that correspond generally to the performance of an equity index called the MAC Global Solar Energy Index (the Index). The Index consists of approximately 25 stocks selected based on the relative importance of solar power within the Company's business model, as determined by MAC Indexing LLC (the Index Provider). The Index is designed to track companies within the business segments of the solar energy industry, which include companies that produce solar power equipment and products for end users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers. The Fund's investment advisor is Claymore Advisors, LLC.
Market vector for the solar-sector ... strong down-trend. Expect more downside as Trump is stomping on the whole sector.
GLOBAL WARMING IS A HOAX.
With Trump ... solar-sector would NOT be good to invest. Avoid.
So ... can we buy inverse-ETF for the sector since we expecting more downside? Good question ...
Well .. guess I have sent some messages here.
With DOW going to 30,000 level ... will we see 2000 level for KLCI?
Think ... what should we do?
TEH
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Discussions
Be the first to like this. Showing 8 of 8 comments
"Global warming" is real, just bad marketing. Change it to "extreme weather", lots more people buys the idea.
"Global warming" doesn't matter any more, now we worry about "little ice age". You have not enough heat on earth so we need to burn up all the fossil fuel to stay warm.
2017-01-30 15:34
If "little ice age" really happens, then its game over for a lot of temperate economies but a golden opportunity for the tropics.
2017-01-30 15:39
refocus on cohort........ crash will come on day.......every one knows....... if it cones........can stand thru the blows this is important
2017-01-30 17:05
sooner or later mankind will depends on this type of renewable energy when all the existing power supplies exhausted.
2017-02-01 08:55
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Prepare for crash ???
2017-01-30 12:23