Global Solar Energy Index (TAN)
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This is a great way to play solar which is about to explode over the next year,Chart shows now is time to buy ,my target is 14.00 in 6 months
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Energy sector is waiting for a bounce back after a nice pullback of 50% of previous raise
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Solar will come back into favor as federal stimulus money flows into the sector and credit conditions ease. The WORLD must begin to use alternate energy, including and especially solar.
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I've got three words for you: Aminejad, Putin and Chevez.
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If oil runs they will bid solar. Buy ahead and wait for the pop
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Europe, especially Spain and Germany are spending multiple billion EUR in tax incentives for solar energy. Consumers are starting to stack homes with solar panels and get paid for their output. The US is far behind and will have to keep up. It's just the politically correct thing to do, and it will be done. Fossil fuels will explode in price and make solar break even by 2012.
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Looking at the stimulus package laid out by Obama there is plenty of money being injected into clean energy so worth having some exposure to this with a wide cover ETF.
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Need something to replace fossil fuels.
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Clean energy = good.
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The Obama Administration is favorable toward alternative energy policies, awarding grants to solar companies. Also, China is now coming on board with an expanding solar market. Not sure which solar companyr will benefit the most, so am proposing a long investment in a solar Index.
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Like the alternative energy play. Bullish chart pattern shows that TAN is possibly comming of a head and shoulders reversal into a positive uptrend.
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This ETF should really pop in 2012
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Solar stocks should benefit nicely from the subsidies of governments around the world. The stocks may have some trouble if oil retests its recent lows, but in the long term, the subsidies should drive earnings enough to overcome even lower oil prices.
The dark horse is natural gas, since it is incredibly cheap energy right now compared to both oil and solar. Natural gas could be the energy source that reduces demand for all other energy sources.
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Solar will continue to move higher if oil does, and I think it will.
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http://www.fool.com/investing/high-growth/2009/06/21/the-next-millionaire-maker-megatrend.aspx
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Solar sector is sizzling
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Fractured market full of good ideas, only some really work
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Some solar stocks will make a mint, others will disappear. This ETF seems like a good way of benefiting from the overall sector without losing your shirt on a few.
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Adding more energy.Going long.
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