The Less Glamorous Parts of Sunny Places and Sunny Power

It sure has been a choppy, tedious cycle for solars, lagging at various intervals while oil and many energy stocks thrived. However, the sector, gauging the TAN ETF, has made at least some valiant steps forward of late. And while there remains a fair amount of technical progress still to be done, we can at least place the likes of SPWR (below, daily chart, as it breaks a 200-day moving average base higher) and FSLR RUN, among others, back on the long radar if the group can put together a bit more strength. 

Speaking of bouncing off 200-day moving averages, the TSLA rally should drive home the point that bears missed yet another golden opportunity in the wake of the FOMC last week. With the Fourth of July coming up before we know it, short-selling may be on the back-burner until after we come back from that long weekend.