Dan Dicker, Energy contributor at TheStreet.com, talks with Jill Malandrino of Optionsaction about the opportunity in renewable energy stocks, particularly solar stocks. While there are several different types of solar stocks, Dicker maintains that they all are beholden to the prices of fossil fuels. As oil prices rise, they allow more expensive renewable technologies to compete. But as oil and gas prices have dipped in the past six months, so have many of the solar and other renewable stocks. One possible exception to this rule are solar stocks like First Solar (FSLR) and SunPower (SPWR), two strong technology stocks that generate sales exclusively for power plants and other commercial users. Several foreign nations are committed to increasing the share of power they get from solar energy, making these two stocks a good bet for reasonable, almost guaranteed growth.
More from Video
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.