Usually I’d say you know you are late in the rally when the solars start taking off, but since every other historical indicator I use has become moot under The Bernank, I’ll just pass this along as information and sit back as Groundhog Day happens for the upteempth time since late August. Looks like Yingli Green Energy (YGE) and Sunpower (SPWRA) earning reports are the drivers today, but these already had started to move en masse last week. I don’t follow this sector closely anymore as it is a heartbreaker (after dry bulk shipping, probably the worst sector the past few years) … heck even Solarfun (SOLF) has gotten serious and changed its name to Hanwha SolarOne (HSOL) after the Korean company took a major stake.

At this point just change the name of the laggard sector, and repeat the parabolic moves. Refiners, solars, you name it – we can Bernank it upward.

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About Mark Hanna 543 Articles

Affiliation: Hanna Capital, LLC

Mark Hanna is President and Owner of Hanna Capital, LLC, a registered investment advisory firm. Mark has been a follower of markets since the late 80s, with a focus on individual equities since the mid 90s. He has been a well known commentator in the financial blogosphere for the past 5 years, following a career in corpoporate finance and accounting. Mark attended the University of Michigan where he graduated with a degree in Economics.

As an avid reader, Market Montage is the personal blogging site for Mark to share his views on economics, markets, and the like. Occasional cynicism and wit shall be deployed in his postings.

Follow Mark on Twitter @fundmyfund.

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