• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 18 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 7 days America should go after China but it should be done in a wise way.
  • 20 hours Even Shell Agrees with Climate Change!
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 3 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 3 days World could get rid of Putin and Russia but nobody is bold enough
  • 6 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
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