Monkey Throw Dart: Sun Setting Soon on Solar?

Wednesday, November 20, 2013

Sun Setting Soon on Solar?

The enlightened ruler is heedful, and the good general full of caution.
~Sun Tzu


As usual, I missed another solar sector "upturn".  That's okay because I seem to be better at taking advantage of solar sector downturns.  Maybe the solar industry will finally take hold and reap Tesla-like gains (we all know those are permanent) but in the meantime I'll keep the solar stocks on the radar and ride them back down to where they came from.  Who knows when that will be but I'll guess that the peak will occur in 2014 when the clouds roll in and render those solar panels useless once again. 

Here a look at the year-to-date gains made by some of the more popular solar stocks compared to the SPY.



And here is a look at the decade-long peaks and valleys of this sector...


Ignore the lower indicators (volume, stochastics, and money flow).  They just came along for the ride.