A funny thing happened after Donald Trump won the U.S. Election by a landslide....
Everyone just assumed it would be bad for Solar stocks.
And it was, for a moment anyway...
But when everyone just assumes a specific outcome, and everyone is already positioned for that, we love to take the other side as that positioning unwinds.
Remember, it's not the fundamentals that drive asset prices. It's positioning, and the unwinds in extreme positioning that moves asset prices the most violently.
The latest example of this market anomaly is in Solar. Notice how during this sell-off, Momentum never reached oversold conditions.
Oversold conditions are characteristics of downtrends.
Momentum is suggesting that Solar is NOT in one of those...
And when you look at the largest component of the Solar Index, the set up is so clean.
$FSLR has retraced slightly more than 61.8% of the entire rally this year...
If First Solar can recover here and get back into the 200s, then the squeeze is on.
And when you have a setup like this, the goal is to make as much money as possible.
"Get while the getting is good", is how I learned it.
And this is precisely why the Breakout Multiplier System was created.
Steve and I would like to share the process behind this system with you later today. Join us at 4 pm ET (Tuesday 11/26) for a complete breakdown how we Multiply Returns in the market's biggest moves.
