Monday, June 08, 2009

Claymore/MAC Global Solar Index, Solar Stocks ETF

Solar stocks have been rallying in the last months.

The solar industry ETF (TAN) is following the solar stocks performance nicely, and volume is picking up this year.



The short and mid-term trend is looking Bullish but expect some corrections in following days. TAN is still in my opinion the best solution if you want to invest in solar technology globally.
Despite being the industry benchmark, it still is quite volatile, and while not as risky as individual solar stocks this solar ETF has doubled it's value in just 3 months, and can tumble just as fast...

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