Friday, May 16, 2008

HOT PLAYS- ENERGY - SOLAR, OIL, NATURAL GAS


Well it looks like this bull market in Solar and Energy stocks is just not going to stop. This past week I took positions in SOLF, AKNS, CPST, RCH and PDO for 20% to 65% gains. SOLF has earnings next Wednesday and PDO just released earnings with revenues up 92%! Of course I wasn't mad at Cramer when he mentioned CPST on his show only to watch it breakthrough that $3.50 resistance level to $3.68 AH.

CAPSTONE TURBINE
Up 2.96% Friday and 5.75% AH

With FSLR being the hottest stock last year, and Oil reaching $126 a barrel with no signs of leveling off it looks this bull in Solar and Energy will be with us throughout 08. So might be a good time to buy on the dips or into earnings. Look towards Natural Gas plays such as ECA, SU and companies involved in the Shale business such as CHK, DVN and XTO.


PYRAMID OIL
Up 66% Thursday - Up 6.06% Friday



Steel is also another hot play as I took positions in CPSL on Friday. RIO, MTL, and now SUTR have all been excellent performing stocks and show continuing promise.


CHINA PRECISION STEEL
Up 37.56 Friday

Stay tuned for more this Monday!

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