FSLR

Income Masters Trade Alert: FSLR

First Solar (FSLR) hit a new 52-week high above $140 yesterday despite the brutal sell-off in the broader market after the release of the August consumer price index. It continues to benefit from positive sentiment following the passage of the major climate change bill. While shares pulled back below $136 today, they remain well above…

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Income Masters Trade Alert: FSLR

First Solar (FSLR) continues to rally, up more than 15% over the past two weeks, following the passage of major climate change legislation. Our put is well out of the money and trading for a few pennies. I am recommending we roll it out one week and to a higher strike price to generate more…

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Income Masters Trade Alert: FSLR

First Solar (FSLR) is up around 7% today after the Senate approved a $740 billion climate, health care and tax package that includes $374 billion in climate and energy spending. The House is expected to approve the legislation this month, potentially giving solar stocks another boost. I am recommending we roll our FSLR put out…

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