Time to Be Open-Minded About Solar

After several years of price action which can only be described as putrid we now have some domestic solars like First Solar and Sunrun bearing an uncanny resemblance to the TAN sector ETF daily chart, seen below. In all cases we have price recently consolidating back above the 200-day moving average (yellow line) and then pushing higher forcefully on the back of RUN's recent earnings rally and subsequent upgrade this morning. 

For a good while now I have eschewed devoting very much time at all to solars both here and with Members. And while I still do not expect solars to lead a commodity bull market I am now much more open to the idea of the sector firming up into the end of 2025 and beyond for more constructive price action. 

Other solars of note with similar charts to FSLR and RUN are NXT and SEDG. 

Elsewhere, we have a slow-drifting tape again today, as markets are likely on hold into Powell's Jackson Hole speech on Friday morning.