Members’ Favorite Sector Is July’s Top Performer (TSL, YGE, CSIQ, SOLF, SOL, JKS)
by Jason Smith | July 29th | Filed in: tickerspy News
Over the last month we’ve explored tickerspy member sentiment as it relates to various subsets of the equity markets. While it is always interesting to examine the community’s favorite stocks filtered by capitalization, or by sector utilizing tickerspy’s more than 250 Indexes, further insight can be gleaned from member-favorite segments. As a whole, the Chinese Solar Stocks Index is up by 28% over the past month. A long-time member-favorite, the Index is now in the Tracking Hub of more than 1,000 users. The volatile sector has seen Trina Solar (TSL), Yingli Green Energy Hldng (YGE), and Canadian Solar (CSIQ) all slide by more than -5% over the past week amid a broad equity rally, but all three are easily outperforming the S&P on a one-month basis. Meanwhile, Solarfun Power Holdings (SOLF), ReneSola (SOL), and 2010 IPO JinkoSolar Holding (JKS) have all soared by more than 40% since the final days of June. A look at the full list of tickerspy members’ favorite Indexes shows that many have gained more than 10% amid the recent market rally. Given that member popularity grows over time, the most-tracked Indexes are certainly not always the top performers, and sometimes the opposite is the case. However, the rankings are a telling indicator of where traders and investors are focusing their research and scanning for opportunities. Investors can track the Chinese Solar Stocks Index for performance trends, Pro holdings data, and a suite of other metrics at tickerspy.com.
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