Between the end of April and the beginning of August, DataSwarm pulled out 5 solar stocks as DataSwarm Market Zeitgeist potential winners. It wasn’t wrong, as it became clear over that period and into October just how serious their power was to become, with the DataSwarm Solar Portfolio rising by 141.34% from 28th April to 7th October 2020.
The solar revolution has been a long time in the making – but finally it looks like it’s here to stay. Why right now? Causes of the surge are multiple, but the simple fact that solar panel costs are falling with homebuilders doing new construction incorporating solar, and overall costs of renewable energy falling, solar is becoming increasingly competitive. It’s perhaps also worth noting that for two-thirds of the global population, solar photovoltaics (PV) and onshore wind are now the cheapest sources of the new-build generation.
So which stocks did the DataSwarm Market Zeitgeist system highlight, and how were we able to predict the right times to buy?
WHO?: Solar Energy Solutions
ENPH: Enphase Energy, Inc. designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry.
FSLR: First Solar, Inc. provides photovoltaic (PV) solar energy solutions.
RUN: Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems.
SEDG: SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide.
VSLR: Vivint Solar, Inc residential solar provider that designs, installs and maintains photovoltaic systems. Last week RUN (Sunrun) completed its acquisition of Vivint Solar to ‘accelerate clean energy adoption and enhance customer value’.
What Happened?: 141.34% Growth in DataSwarm Solar Portfolio
The real growth in these solar stocks began towards the end of April 2020 when the DataSwarm System started to pick up some serious zeitgeist momentum around a few of the stocks and pointed us towards them as potential long term buys. As can be seen from the graph above, the DataSwarm Solar Portfolio started off running above the S&P, pretty much tracked it through May until the end of June. As interest in solar intensified it pointed us to more solar stocks with high zeitgeist momentums, then began to pull away dramatically from the S&P from early July – soaring sky high from September 23rd.
How did we know when to buy?
When and Why We Buy:
As always, it is the ability to predict which stocks are just on the cusp of gaining momentum and buying them at that point – before the market rises – which gives you a winner. This is precisely what the DataSwarm Market Zeitgeist is designed to do. The timing of the rise in Zeitgeist momentum for each of the 5 stocks is relevant, as it meant we were able to buy in before price rises:
ENPH: Bought on 29/4 for $44.60 which marked the beginning of its spectacular rise. By 7th October it hit $107.82 – giving a 141.74% profit.
FSLR: Bought on 2/5 for $43.00 at the beginning of its rise. By 7th October it hit $78.71 – a 83.04% profit.
SEDG: Bought on 1/5 for $106.43 during its steady rise. By 7th October it hit $305.15 – a 186.71% rise.
RUN: Bought on 7/07 for $26.10 at the beginning of its meteoric climb to $78.05 – a 199% rise.
VSLR: Bought on 05/08 bought for $23.40. We bought in because of a sharp uptick in market zeitgeist which turned out to be murmers of an impending deal. 2 days later, the announcement was made that VSLR was to be bought by RUN. By 7th October we had seen a 88.58% rise.
Result: DataSwarm established at the centre of a real Solar Power Surge
DataSwarm tracks all stocks across the US markets so is not focused on any particular sector. It does however pick up market trends. Hence, the DataSwarm system has positioned us well and truly in the centre of a real Solar Power Surge – but one which thankfully has helped light the way for us rather than leave us scrambling in the dark.
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