After a tough year, solar stocks might finally be catching some rays of hope.
In just the last two weeks, we’ve seen multiple insiders step in and report significant purchases in some of the top solar names.
While it’s too soon to call a bottom, this cluster of insider activity sends a strong signal that buyers are creeping back into the solar industry.
It’s not just who’s buying—it’s how and when. This lines up perfectly with the broader market environment, where the best setups have been in cycle laggards—and solar is definitely one of them.
In the coming days and weeks, we’ll watch for the technicals to confirm all this bullish insider buying.
For most solar stocks, it’s just a matter of holding the recent lows. Considering the sizable short interests in a lot of these names, we could get some material rebound rallies in the...
From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts
Welcome to the Hot Corner Insider Weekly Report!
As you know, we spend a lot of time tracking insider activity to come up with this universe.
But that’s only half the battle!
Once we identify the names insiders are targeting, we overlay our expert technical analysis to see if the market agrees with their actions.
While we track some of the most powerful and well-informed market participants… we aren’t just going to follow them blindly into their trades.
We want to see that the insider activity is confirmed by the trend before we get involved.
When we can check both of these boxes, we identify asymmetric risk/reward setups, and then jump in and ride these trends higher alongside the smart money.