The very next day the 3rd.. I am expecting great things (obviously) // This is the name I isolated for potential 40% return<----- Stem Announces Second Quarter 2023 Earnings Results Conference Call STEM +3.92% SAN FRANCISCO, July 11, 2023--(BUSINESS WIRE)--Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, will hold a conference call on Thursday, August 3, 2023, to discuss its financial results for the quarter ended June 30, 2023.
I know it is hard to remember all the ideas I have about the market. people tend to grab on to what they already believe. But for the longest time I have felt a crash coming and not where you think-- in the bond market. There was a time not so long ago when guru after guru came to me and said buy bonds. Absolutely every schmuck was going into " safe " 5 % plays<--- i talked about this at the time. My antenna always goes up when investing ideas are presented to me as " No Risk. " Some how, some way those folks are going to get exited from their " safe " positions I felt at the time and as stocks ripped higher, the pain of staying " safe " only grew and grew. Fast-money quants known as commodity trading advisers have been amassing a big short bet since May. JPMorgan Chase & Co. strategist Nikolaos Panigirtzoglou estimates that they are sitting on a $150 billion short bond position that they may unwind in a rally. Fair enough but in a rally on Bonds... Or Stocks. I say stocks.
Peter Schiff, CEO and chief economist at Euro Pacific Asset Management, warned of a crash in Treasuries after benchmark 10-year yields jumped above the key 4% level on Thursday, fueling a selloff in US equities. Bond yields move inversely to prices. A debt-market rout would also see home loan rate surge in line with Treasury yields,, according to Schiff, who predicts the benchmark 30-year mortgage rates to soon hit 8%, a level last seen in 2000. "The bond market is on the verge of a major breakdown. Not only will this raise the cost of financing the $32.7 trillion National Debt, but it'll crush the loan portfolios of already insolvent banks," he said in a tweet. Yields on 10-year Treasuries surged as much as 15 basis points on Thursday to touch a high of 4.02% after official data showed the US GDP rose more in the second quarter than economists had estimated. The strength of the economy is fueling expectations that the Federal Reserve could continue to raise interest rates in a bid to cool inflation to its 2% target. The Fed raised its benchmark rate this week by 25 basis points to a 22-year high, bringing the total increases since the spring of 2022 to a whopping 525 basis points. The latest bond-market selloff and the recent rebound in global oil prices signal risks that inflation could reaccelerate, adding pressure on the central bank to tighten monetary policy further, according to Schiff. WTI oil futures have rallied 25% from early May lows. "Surging oil and collapsing bond prices are powerful signs that #inflation pressures are building in the economy. For all #Powell's talk about the #Fed winning its inflation fight, forward looking indicators evidence its losing. How much longer can the #StockMarket ignore reality?" he said. "The #Fed's gonna need a much bigger rate hike!," he added. Higher bond rates would also boost the government's debt costs, adding pressure on the country's already-stressed public finances, according Schiff. US national debt now stands close to a staggering $33 trillion, after jumping by more than $1 trillion since early June - when a political standoff over the government's borrowing limit was resolved. Billionaire investor Ray Dalio warned last month that the US was at the start of a debt crisis.
Solar might be the most frustrating sector there is. I can't tell you how many times I have been heavily exposed to the sector only to be routed out. Likewise I have had a solar winner or two that moves so much so fast i was forced out then too. Holding and benefiting from Solar is very very difficult. You watch the TV and the solar farms are being built every day. It's the transmission lines that are lacking. Texas such an old school oil state they are heavy into solar in a way you and I don't even recognize. It matters and it is 100% needed. As we burn ourselves in global warming not to create power from that very problem is just downright stupid. And we are past the point of big oil trying to limit this.. we are at the point of grid operators begging for it. WHY WE ARE NOT IN. A MASSIVE BULL RUN FOR SOLAR IS BEYOND ME-! AND I HAVE BEEN SAYING THIS FOR FOUR YEARS. WHEN WILL I BE RIGHT? I do think some day we are going to turn around and all of these solar stocks are going to be out of reach. The problem is the commodity nature and the price wars and or the price increases for parts it's such a fluid sector it's very hard to invest in. One of our biggest winners for us was Array which actually makes the controllers and couplings that rotates large panels to always get the best sun<-- the parts behind the panels as it were. There's another name that also is behind the scenes that I quite like. Shoals Technologies Group Inc - Ordinary Shares - Class A CEO Brandon Moss, MBA Number Of Employees 835 Sector Electronic Technology Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects. Its EBOS components include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures and splice boxes. The company was founded by Dean Solon in November 1996 and is headquartered in Portland, TN.
investor letter from the third quarter of 2022: “Shoals Technologies Group, Inc. (NASDAQ:SHLS) manufactures electrical balance of systems (EBOS) components for ground-mounted solar projects and has been gaining market share for quality of service and price. Shoals is also starting to develop an EV charging infrastructure business. We previously owned Shoals and sold our position earlier this year as supply chain issues were negatively affecting margins. Improving supply chain dynamics should support the stock, and tax credits for clean energy production and investment in the IRA should further act as a tailwind for Shoals.”
Very little analyst action on Shoals as of late but one mention caught me eye not for the modest price target raise but for the fact that it came amongst a bunch of downgrades in the sector- JP analyst took the axe to a bunch of popular names but felt different about Shoals. Shoals Technologies price target raised to $38 from $35 at JPMorgan » 07/19 SHLS
Strange stock to be The Weekend Review Play but it's in my head and look. They Report Aug 1.> Shoals Technologies Group, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call Shoals Technologies Group PORTLAND, Tenn., July 12, 2023 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2023 results after market close on Tuesday, August 1, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
A High Bar To Hurdle- I'm still deciding how to play the name watch for earn then pounce or vice versa.- Another stock from the Zacks Solar industry, Shoals Technologies Group (SHLS), is soon expected to post earnings of $0.13 per share for the quarter ended June 2023. This estimate indicates a year-over-year change of +85.7%. Revenues for the quarter are expected to be $111.8 million, up 52.1% from the year-ago quarter.