Username Password
S&P 500: 1,978.86
Change: -0.50%
At least 5 active picks are required to calculate a P&P score.

inthemoneystocks' Blog : Solar, Natural Gas Alert Dead On

Date November 17, 2011    Comments Comments (0)    Rate this post Recommend This Post (49)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This

Yesterday, an article was published from yours truly discussing the recent massive move up in oil. The United States Oil Fund LP (ETF) (NYSEARCA:USO)  had jumped over 30% in the last six weeks. The article discussed how money flow would start to cycle away from oil as the easy money had already been made and focus on natural gas and alternate energy like beaten down solar stocks. View article here. I mentioned the United States Natural Gas Fund, LP (NYSEARCA:UNG) and First Solar, Inc. (NASDAQ:FSLR)  as two candidates to profit from. Sure enough, the Natural Gas Fund is trading at $7.87, +0.20 (+2.61%)  today while First Solar is trading at $45.09,+1.03 (+2.34%. Note that both of these up moves come on a down day in the market. In addition, oil is selling off sharply today.Gareth Soloway

Tags : ETF   USO   UNG   FSLR  

Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links