Whether you make money going long or shorting SRI stocks doesn't matter to me.
A trading opportunity is a trading opportunity and more profit means more charitable donations.
Of course I am a holder of long term SRI stocks in my investment portfolio, but every now and then an opportunity to make money covering, protecting, or shorting stocks and ETF's comes along.
Before we get into the charts, head to Park City for some long groomers and get a tan at the beach at Deer Valley's mid mountain. It really was a "beach" at one time as the lake did exist prior to the miners digging so many tunnels and the water draining below. A ski vacation and people watching at the Deer Valley beach - classic!
Speaking of a tan, let's look at TAN, the global solar energy ETF (get it, TAN!):

If you knew nothing other than support and resistance, you could make money trading TAN. Looks like puts and bear calls are the play in this region, with puts being in favor due to low volatility.
Happy Trading and Be Environmentally Cool with Locals Have More Fun Apparel
No comments:
Post a Comment