• 2 minutes California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 6 minutes China and India are both needing more coal and prices are now extremely high. They need maximum fossil fuel.
  • 11 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 2 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 31 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 12 hours "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 4 hours Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 2 days Did China cherry-pick the factors that affected the economic slow-down?
  • 16 hours "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 4 hours Putin and Xi have decided not to attend the Climate Summit in Glasgow
  • 19 hours Are you aware of Oil Price short videos on our energy topics?
  • 1 day Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 1 day NordStream2
  • 3 hours The Climate Scare Stories Began With Far Left Ideology Per GreenPeace Co-Founder
  • 411 days Class Act: Bet You've Never Seen A President Do This.
Martin Tillier

Martin Tillier

More Info

Investing In Solar Power’s “Picks, Pans And Shovels”

Last week, for the first time since I started writing here, I wrote a positive piece about solar energy. I picked two companies, First Solar (FSLR) and Canadian Solar (CSIQ) that I believed could benefit from a general upturn in the solar energy sector. Over the last week they have gained 4.55% and 10.89% respectively; so far, so good!

It is nice to see that short term pop in both stocks, but the selections were really based more on a long term belief that the industry is about to turn after several years in the doldrums. That downturn was caused in part by oversupply in the solar business. As supply has slowed to restore equilibrium in the supply and demand equation, prospects for companies in the sector have improved. The downside to that has been the effect on businesses that supply the industry.

Amtech Systems (ASYS) would be a case in point. In fact, Amtech, who manufacture parts and systems for the solar power and semiconductor industry, got hit on two fronts. Just as oversupply affected their business supplying solar power companies, so the same dynamic hurt the semiconductor industry. They went from consistent profits to consistent losses, seemingly overnight. Earlier this month, as those losses came in at over twice the consensus expectations, the market finally lost patience and the stock tanked.


Figure 1: ASYS 3 Month

Hidden in that disastrous quarter, however, was some good news; orders were up 125% on a year to year basis, largely due…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News