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Friday, September 11, 2009

Green Energy Stocks: Psychology WILL CHANGE as 52 Week High List gets crowded

The strength in gold offers some comfort, as solar power and wind energy stocks have traded perilously leveraged off the price of crude oil. With oil at 70 and gold above 1,000, fears of US-spending induced inflation may provide a rally to 90 and another leg in the clean technology power market. Still, don't be surprised if oil then retreats to 40 in 2010 before quadrupling again during the twenty-teenies.

Here are some stocks with one year charts that look like they will soon show up on 52 week high lists:

Rosetta Resources ROSE (Natural Gas)


Yingli Green Energy ADR YGE (PV Solar)


Trina Solar Limited ADR TSL (PV Solar)


Ormat Technologies Inc ORA (Geothermal Power)


MEMC Electronic Materials WFR (PV Solar)

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