J. Peter Lynch 2013 Solar Stocks Portfolio Update, August 2013
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New York, NY - August 14, 2013 - (www.investorideas.com renewable energy stocks newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues a second solar stocks portfolio update by solar columnist and expert, J. Peter Lynch. Solar stocks include: CSIQ, SPWR, SUNE, JKS and YGE.
Solar Stocks column at Investorideas.com:
We initiated our second 2013 solar portfolio at the market opening on 26 June, subsequent to the introduction of President Obama’s new energy policy, which I thought was very positive for the solar industry.
I selected the three most technically strong stocks from our list and initiated equal money positions ($10,000.00). On 5 July I added two addition stocks that had given buy signals -
Jinko Solar (JKS) and Yingli (YGE).
We closed out our last position in our 2013 Solar Portfolio (1) on 16 April 2013 realizing a gain of 44.94% for the first 14 weeks of 2013.
CSIQ - Sold 75% of our position at various stops as indicated.
JKS - Sold 25% of our position at indicated stop loss point.
SPWR - Sold 50% of our position at indicated stop loss point.
SUNE - Sold 75% of our position at various stops as indicated.
YGE - No Sales to date
Current Stop Loss Points
CSIQ - Sell final 25% of position at $10.50
JKS - Sell 50% of original position at $11.50, leaving 25% of original position
SPWR - Sell final 50% of position at $20.50
SUNE - Sell final 25% of position at $6.50
YGE - Sell 50% of position at $3.80 and remaining 50% at $3.50
Current Performance 2013 (2) Portfolio
Realized Profits - 25%
Unrealized Profits - 13.4%
The HARDEST THING for investors to do is know when to sell. That is why you have to set specific, non-emotional prices to exit if things do not go right. You cannot allow your emotions to get involved and take over your thinking.
Remember: markets fool the majority of investors by "Climbing a Wall of Worry" which is exactly what it is doing now. Once losses start and keep getting worse then investors generally get on the "Slopes of Hope" and hope that their stock comes back - trust me, the "I hope my stock comes back" technique will NOT work.
Trust in your system and follow it regardless of what you think "should happen". Once you try to impose your will on your portfolio you will stop paying attention to what is most important - and what is most important to understand is " what is actually happening" NOT what you think should be happening.
If you looked at the portfolios of the most successful investors you would, in general, see the following pattern:
Approximately 80% of trades would be either small losses and/or small gains and approximately 20% would be very significant gains. This is exactly how we dramatically outperformed the markets in 2012, 2011 and 2010.
Background Analysis Notes
Keep in mind that there are two basic types of equity (stock) analysis. Below are a brief description of each and its primary purpose:
Fundamental Analysis "what to buy") - this is the analysis of the fundamental financial condition of a company to identify which stocks you may want to buy when the timing is right. This form of analysis will give you NO indication of the best time to buy a stock or sell a stock.
Technical Analysis ("when to buy") - this form of analysis will tell you "when" to buy a stock and when to sell the stock. It will do this by showing you (in chart format) the basic interaction of supply and demand and when the two change and shift which will indicate a time to buy or a time to sell.
Mr. Lynch has worked, for 36 years as a Wall Street security analyst, an independent security analyst and private investor in small emerging technology companies. He has been actively involved in following developments in the renewable energy sector since 1977 and is regarded as an expert in this field. He was the contributing editor for 17 years to the Photovoltaic Insider Report, an early publication in PV that was directed at industrial subscribers, such as major energy companies, utilities and governments around the world. He is currently a private investor and has from time to time been a financial/technology consultant to a number of companies. He can be reached via e-mail at: SOLARJPL@aol.com. Please visit his website for the promotion of solar energy – www.sunseries.net.
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