Key Analyst Upgrades This Week Thursday, August 26, 2:54 PM ET, by Market News Video Staff On Monday, UBS (UBS) upgraded shares of First Solar (FSLR) from neutral to buy as ...
Solar is Heating Up Wednesday, September 8, 1:04 PM ET, by Market News Video Staff The Market Vectors Solar Energy ETF (KWT) has been heating up in the last three ...
Trina Solar Helps Lift the Guggenheim Solar ETF Wednesday, September 29, 12:50 PM ET, by Market News Video Staff Shares of Trina Solar (TSL) are up nearly 7% this morning after Soleil Securities initiated ...
First Solar a Key Component in Guggenheim Solar ETF Monday, October 4, 10:59 AM ET, by Market News Video Staff Over 13% of the Guggenheim Solar ETF (TAN), formerly the Claymore MAC Global Solar Energy ...
Guggenheim Solar ETF Makes Moves Monday, October 11, 11:03 AM ET, by Market News Video Staff The Guggenheim Solar ETF (TAN), formerly the Claymore/MAC Global Solar Index, is making moves today. ...
Solar Companies Prepare for a World Without Subsidies
By Market News Video Staff, Tuesday, February 22, 4:53 PM ET
The Market Vectors Solar Energy exchange-traded fund (AMEX:KWT) experienced an abnormal amount of trading activity on Tuesday. Volume on the fund was approximately 648,205, which is more than 16 times its average daily volume of 38,600.
So far 2011 has been an excellent year for the fund and its holdings. The ETF is up over 25% since the beginning of January, as are a number of its top components such as First Solar Inc (NASDAQ:FSLR), Trina Solar Ltd (NYSE:TSL), Suntech Power Holdings (NYSE:STP) and JA Solar (NASDAQ:JASO).
However, there is growing concern that cuts in European subsidies could stunt the industries success in 2011. Large European solar markets such as France, Germany, Italy and Spain have either already cut solar support or are planning to do so. As a result, the solar industry will rely heavily on the US to pick up the slack.
The majority of the Market Vectors Solar Energy ETF’s holdings are trading down on Tuesday. Notably, JA Solar was one of the worst performers on the NASDAQ, as it plummeted 8.5% to $7.79. The fund dropped over 3% to $13.65 during the trading session.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AMEXCHANNELEnergyEuropeanFSLRFirstFranceHoldingsInvestmentJASOMarketNASDAQNYSEPortfolioSolarSpainTuesdayVectorsVolumeabnormalallowsapproximatelyassetbeginningcashclassescompletecompletelycountriesdesignedeitherexcellentfundgrowthholdingslistmajorityoverperformersplummetedportfoliorelyshortsolarstuntsuchtheretradingvisityear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Monday Sector Laggards: Agriculture & Farm Products, Food Stocks
Monday 5/21 Insider Buying Report: PAA, HEK
PFF, KBWB: Big ETF Outflows
Monday Sector Leaders: Precious Metals, Auto Parts
Week Ahead Market Report: May 21, 2012
PFF, KBWB: Big ETF Outflows
