New $2000 Balance Starts Monday in SAJ |
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See WHY Jason Bond has earned 4.8/5⭐ over 1100+ reviews! | | Who's Ready to Find a Jewel??? π |
| New $2000 Small Account Journey Starts Monday | $1200 OFF ENDS IN: |
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Good evening, Folks. Jeff Bishop here! |
Hope you've been following my ideas lately on my Hot Stock Page — released promptly at 9am EST when I have an idea I'm super hot on! Yesterday's was on FIRE. |
If you were watching out for it in your inbox before the market opened yesterday, you had a front-row seat to see a nearly 30% move over several hours… |
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So get ready, as I'm getting another one ready for tomorrow (hopefully with even more potential!) |
In the meantime, I thought I'd share the Solar Report I recently released to my Bullseye Unlimited members. |
If you're not on that list, make sure you sign up right now so you don't miss any more of my picks during the week! |
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THE SOLAR REPORT |
I've identified what I think is the next hot sector getting ready to make a move higher. In fact, it has already started. |
We've seen AI run in NVDA and other semiconductors such as SMCI, and while that trade is a bit overextended and overcrowded now, there's a new play that's just starting to heat up. |
That sector is Solar! π |
Here is a daily chart since last year's lows, and then an even lower low last month. |
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Now, TAN (the solar ETF), has rallied 20% in the last month. The question is if it has more gas in the tank? |
After a huge run in 2021, most of the solar sector has been beaten down and has accumulated large short interest, Gamestop ring any bells here? |
However, it looks like some of these stocks could be bottoming out and set for a big run from here, at least in the short term. |
The move for Solar stocks began with FSLR, which is the sector leader. |
Check out what's happened over the past few days! |
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The stock is up over 80% in just a few weeks and is starting to go parabolic. |
While it is too late for me to buy FLSR now, I have found that when one leading stock in a sector moves, traders often turn their attention to other names in the sector as well. |
Here is a list of my favorite solar stocks right now that I think have big potential! |
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My GAMMA trigger has signaled and the AI is screaming go here on CSIQ. |
Not only that, but it has a Short Interest of over 16% according to Finviz. Those shorts could provide the fuel for a significant move higher if the stock starts to move as we've seen with GME and AMC recently. |
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According to Finviz, NOVA has a short interest of over 37%. The stock has formed a base and could have plenty of upside from here. |
Plus, I just love this basing pattern on a low-priced stock. |
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MAXN was trading above $20 last year and is now trading at around just $3. |
According to Finviz, the stock has a short float of over 46%, so I wouldn't be surprised to see a sharp move higher shortly. |
I like MAXN, because it is already starting to "squeeze" higher. The stock was $2 at the start of May, and has been slowly climbing since then, and now trades just over $3. |
I don't see why a break above the recent resistance at $4 is impossible? |
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If you're looking for high-short-interest stocks, SPWR must get you really excited! |
According to Finviz, this stock has a short float of over 88%, which is completely insane. |
This is up there with what we saw in Gamestop years ago. |
If the Apes turn their attention here, there's no telling how high SPWR could go. |
The reason that high-short-interest matters is because all of those shares will need to be bough back at some point in the future. |
If 88% are sold short, that means that only 12% of the company's shares are available to trade – so the stock can make some larger-than-normal moves. |
If there is a catalyst for real buying (or the Reddit gang decides to "send it to the moon") this could create a disaster for short-sellers. |
Time will tell, but I sure like the trading setup right now. |
Make sure these solar stocks are on your radar, I think they could be in play shortly! |
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Hope you enjoyed my Solar Report! And just a reminder Jason's starting a new $2000 Journey on MONDAY. Our best deal is gone tonight at 12AM PST! |
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