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Global Airlines To See Record Revenues This Year

Global Airlines To See Record Revenues This Year

The International Air Transport Association…

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A Solar Stock To Watch Despite Industry Difficulties

Just about every trader has some stocks, currency pairs, or commodities that, no matter what, they just don’t seem to ever get right. Even when everything points to trading in one direction, they just seem destined to make a loss. It is infuriating, and most people’s response is the perfectly logical one of not getting involved in that security anymore, no matter how clear a signal might be, or how much fundamentals point to a trade. If they took the time to analyze why that happens, I think that in most cases they would find that there is something basic that they are getting wrong about the stock or something missing in their fundamental analysis, but most don’t bother to think about why. They just say that it is one they get wrong and move on.

Conversely, there are some stocks or whatever that you seem to get right a lot more than you get wrong. First Solar (FSLR) is one of those for me. The last time I talked about it was back in March when I suggested that the push up above $200 was a sell signal. At that time, I did a simple options trade, buying some out-of-the-money puts, that I then sold for a nice profit a couple of weeks later. Previous to that, I had been long FSLR for a while when it made some serious gains. With one false start when I took profit too soon on a long position and pivoted to a short that lost money, that has been the way of trading FSLR for me: long on the way up and short on the way down.

I am not sure why that is…

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