#$CSIQ

[robfinancialtip]

The sunk cost fallacy is a cognitive bias where individuals or businesses continue investing in a project due to past investments, despite current costs outweighing the benefits. This bias often leads to irrational decision-making, influenced by factors such as loss aversion and emotional attachment. Understanding and recognizing the sunk cost fallacy can help improve decision-making by focusing on future costs and benefits rather than irrecoverable past expenses.

Today's Stocks & Topics: WHD - Cactus Inc. Cl A, Market Wrap, UBER - Uber Technologies Inc., CIVI - Civitas Resources Inc., Sunk Cost Fallacy: How It Impacts Your Investment Decisions, CSIQ - Canadian Solar Inc., ALV - Autoliv Inc., The VIX, OPEC, INTC - Intel Corp., VOOG - Vanguard S&P 500 Growth ETF, QQQM - Invesco NASDAQ 100 ETF, CVX - Chevron Corp., SBUX - Starbucks Corp., Hedge Funds.

Video Content Details

00:00 Intro 00:18 Sunk Cost Fallacy: How It Impacts Your Investment Decisions 03:23 MARKET WRAP 05:35 WHD 08:16 UBER 10:59 CIVI 12:59 CSIQ 15:59 ALV 19:13 The VIX 22:10 OPEC 24:37 INTC 28:15 VOOG - QQQM 31:33 CVX - SBUX 33:48 Hedge Funds

Call 888-99-CHART to hear your questions answered live.

[solarpowerindustry]

Canadian Solar's e-STORAGE to Power 200 MWh Energy Storage Project in Southeastern Australia

PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the ... http://dlvr.it/TBfQwQ

[najarianbros]

⏱️60 Seconds $CLBT $HMY $SNAP $CSIQ $SE $RWAY Rebel Edge 1pm 🕐 more @MarketRebels 🏴‍☠️

Check out this episode!

[alphst]

Canadian Solar Inc (CSIQ) Q1 2023 Earnings Call Transcript

$CSIQ Q1 2023 Earnings Call Transcript #earnings #markets #investing

Canadian Solar Inc (NASDAQ: CSIQ) Q1 2023 earnings call dated May. 18, 2023 Corporate Participants: Isabel Zhang — Director, Investor Relations Shawn Qu — Chairman and Chief Executive Officer Yan Zhuang — President, CSI Solar Ismael Guerrero Arias — Corporate Vice President and President of the Energy Business Huifeng Chang — Senior Vice President and Chief Financial Officer Analysts: Colin…

[margoshansons]

cosmic strings + incorrect quotes (4/?)

[dragonflycap]

5 Trade Ideas for Monday: Chemed, Cabot Oil & Gas, CrowdStrike, Canadian Solar and Atlassian

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Chemed, Ticker: $CHE

Chemed, CHE, paused in April after rising from March low. It consolidated until driving to a new higher high in May. It could not hold up though and fell back into consolidation. That continued until it broke higher Thursday. The RSI is rising into the bullish zone with the MACD lifting off of zero. Look for continuation to participate…..

Cabot Oil & Gas, Ticker: $COG

Cabot Oil & Gas, $COG, rose to a top in April and then fell back. It bounced at the 50 day SMA and retested the high in June. That led to the drop below the 200 day SMA. It ended last week moving back higher though with the RSI rising and the MACD turning. Look for continuation to participate…..

CrowdStrike, Ticker: $CRWD

CrowdStrike, $CRWD, started higher in March and continued to a top in June. After a slight pullback it ended last week back at resistance. The RSI is rising in the bullish zone with the MACD turning to cross up and positive. Look for a push over resistance to participate…..

Canadian Solar, Ticker: $CSIQ

Canadian Solar, $CSIQ, started higher in March and closed the gap in May. It has stalled since, ending last week at resistance for the 3rd time. The RSI is rising in the bullish zone with the MACD moving higher and positive. Look for a push over resistance to participate…..

Atlassian, Ticker: $TEAM

Atlassian, $TEAM, started higher in March and reached a top in May. it has consolidated under resistance there since. The RSI is rising into the bullish zone with the MACD rising and positive. Look for a push over resistance yo participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first half of the year in the books, saw equity markets showed renewed strength into the holiday weekend.

Elsewhere look for Gold to continue higher while Crude Oil joins in a move to the upside. The US Dollar Index continues to drift lower in consolidation while US Treasuries consolidate. The Shanghai Composite looks to continue to the upside while Emerging Markets also move higher.

The Volatility Index looks to continue to move lower making the path easier for equity markets to the upside. Their charts also look strong, especially on the longer timeframe with the QQQ leading the charge. On the shorter timeframe the QQQ is also leading with the SPY at the June gap and the IWM trailing. Use this information as you prepare for the coming week and trad’em well.

[heyyyharry]

𝐬𝐞𝐥𝐟-𝐥𝐨𝐯𝐞 [𝐚 𝐭𝐡𝐫𝐞𝐚𝐝] (full on instagram): If you’re reading this just know that it’s okay if you haven’t mastered self-love and are still insecure most of the time. Those who love you will love you despite your insecurities. Don’t believe it when people say “no one will love you until you’ve learned to love yourself” because 𝒔𝒐𝒎𝒆𝒐𝒏𝒆 𝒘𝒊𝒍𝒍 𝒂𝒍𝒘𝒂𝒚𝒔 𝒍𝒐𝒗𝒆 𝒚𝒐𝒖. You don’t have to love yourself to be loved, but self-love will allow you to accept love from people without having to question why. I hope you’re having a good day wherever you are :) 📸: pinterest 
https://www.instagram.com/p/CSiq-cXlv3E/?utm_medium=tumblr

[capital10x]

Canadian Solar Up 9% On Upbeat Guidance

Shares of Canadian Solar (NASDAQ: CSIQ) rallied over 9% on Thursday after the company released its 1st quarter results. While revenue fell, the company’s loss per share was smaller than expected, and 2nd quarter guidance was raised. Canadian Solar is based in Guelph, Canada and manufactures products for the solar power industry under its own brand name. The company reported a GAAP loss per share of -$0.29, which was $0.13 ahead of analyst estimates. Quarterly revenue came in at $484 million. While revenue was $16 million ahead of consensus, it marked a 66% drop from the same quarter last year.  

Managing Expectations

During the quarter the company shipped products with capacity of 1,575 MW, 20% below the previous quarter and ahead of guidance. The gross margin fell from 28% to 22.2% but was also higher than the guidance provided the previous quarter. Revenue guidance for the next quarter was raised to between $970 million and $1 billion, well ahead of the $840 million analysts were looking for. Canadian Solar does have a history of under promising and over delivering. The company also announced that CEO Dr. Shawn Qu had taken a medical leave of absence and that Yan Zhuang, the Company's Senior Vice President had been appointed acting Chief Executive Officer while he is away. It is understood Dr. Qu was injured in an accident earlier in the month.  

Lumpy and Unpredictable Revenue Streams

This set of results has to be viewed within the context of previous quarters. The share price topped $40 in 2014, before drifting to a low of $10.83 in 2016. By March this year, it had doubled but sold off after releasing better than expected 4th quarter earnings accompanied by lower expectations for the first quarter. The selloff was probably overdone, but the amended guidance did highlight how unpredictable and lumpy the company’s revenues can be. For example, when guidance was lowered in March, the company said its gross margin might fall from close to 30% to as low as 16%. There are several reasons for unpredictable and volatile revenue streams from a company like Canadian Solar. Rapid advances in technology mean costs are falling, but this does lead to margins rising and falling from quarter to quarter. The exact timing of large projects depends both on when clients make decisions and on the company’s capacity to implement a project.  

Does the Current Stock Price Offer Investors Value?

Canadian Solar’s current stock price values the company at just 40% of its sales for the last 12 months, reflecting the fact that its margins are tight. The gross margin over the last five years has ranged between 7% and 21%, while the net margin has ranged from minus 15% to 8%. There is little reason to expect the net margin to exceed 8% anytime soon. If the company earned 8% on 12-month revenues of $2.8 billion, it would be trading on a multiple of 5, while a more conservative margin of 4% would put the multiple at around 10. Historically the stock has mostly traded on a multiple of between 4 and 6, suggesting the valuation is not demanding but not as cheap as it appears either. Long-term investors will probably have to endure a fair amount of volatility, and would only be properly rewarded for that if they bought at cheaper levels. In the meantime, however, the stock may provide trading opportunities to active investors. Read the full article

[solarpowerindustry]

Canadian Solar's e-STORAGE to Deliver Nova Scotia's First Grid-Scale Battery Energy ...

PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the ... http://dlvr.it/T9KBcJ

[grizzlemedia-blog]

Canadian Solar Up 9% On Upbeat Guidance

Shares of Canadian Solar (NASDAQ: CSIQ) rallied over 9% on Thursday after the company released its 1st quarter results. While revenue fell, the company’s loss per share was smaller than expected, and 2nd quarter guidance was raised. Canadian Solar is based in Guelph, Canada and manufactures products for the solar power industry under its own brand name. The company reported a GAAP loss per share of -$0.29, which was $0.13 ahead of analyst estimates. Quarterly revenue came in at $484 million. While revenue was $16 million ahead of consensus, it marked a 66% drop from the same quarter last year.  

Managing Expectations

During the quarter the company shipped products with capacity of 1,575 MW, 20% below the previous quarter and ahead of guidance. The gross margin fell from 28% to 22.2% but was also higher than the guidance provided the previous quarter. Revenue guidance for the next quarter was raised to between $970 million and $1 billion, well ahead of the $840 million analysts were looking for. Canadian Solar does have a history of under promising and over delivering. The company also announced that CEO Dr. Shawn Qu had taken a medical leave of absence and that Yan Zhuang, the Company's Senior Vice President had been appointed acting Chief Executive Officer while he is away. It is understood Dr. Qu was injured in an accident earlier in the month.  

Lumpy and Unpredictable Revenue Streams

This set of results has to be viewed within the context of previous quarters. The share price topped $40 in 2014, before drifting to a low of $10.83 in 2016. By March this year, it had doubled but sold off after releasing better than expected 4th quarter earnings accompanied by lower expectations for the first quarter. The selloff was probably overdone, but the amended guidance did highlight how unpredictable and lumpy the company’s revenues can be. For example, when guidance was lowered in March, the company said its gross margin might fall from close to 30% to as low as 16%. There are several reasons for unpredictable and volatile revenue streams from a company like Canadian Solar. Rapid advances in technology mean costs are falling, but this does lead to margins rising and falling from quarter to quarter. The exact timing of large projects depends both on when clients make decisions and on the company’s capacity to implement a project.  

Does the Current Stock Price Offer Investors Value?

Canadian Solar’s current stock price values the company at just 40% of its sales for the last 12 months, reflecting the fact that its margins are tight. The gross margin over the last five years has ranged between 7% and 21%, while the net margin has ranged from minus 15% to 8%. There is little reason to expect the net margin to exceed 8% anytime soon. If the company earned 8% on 12-month revenues of $2.8 billion, it would be trading on a multiple of 5, while a more conservative margin of 4% would put the multiple at around 10. Historically the stock has mostly traded on a multiple of between 4 and 6, suggesting the valuation is not demanding but not as cheap as it appears either. Long-term investors will probably have to endure a fair amount of volatility, and would only be properly rewarded for that if they bought at cheaper levels. In the meantime, however, the stock may provide trading opportunities to active investors. Read the full article

[adeyo888]

Type YES if you agree. • • • • • • • • • • • • Like 💓, share dan tag temen kamu, untuk memotivasi dan menginspirasi mereka . … #darihobijadibelajar #daribelajarjadihobi #newnormal #morning #happy #selamatpagi #pagi #kerja #work #insta #instadaily #instagood #instalike #instagram #instapic #instalove #love #ootd #ootdmen #pictoftheday #mood #likeforfollowback #likeforlikes #likeforlike #likeforfollows #like4like #likeforfollowers #likeforfollow #like4likes #followus (at Semarang, Indonesia) https://www.instagram.com/p/CSiq-hnnu9E/?utm_medium=tumblr

[alphst]

Canadian Solar Inc (CSIQ) Q4 2022 Earnings Call Transcript

$CSIQ Q4 2022 Earnings Call Transcript #earnings #markets #investing

Canadian Solar Inc (NASDAQ: CSIQ) Q4 2022 earnings call dated Mar. 21, 2023 Corporate Participants: Isabel Zhang — Investor Relations Director Shawn Qu — President, Chairman and Chief Executive Officer Yan Zhuang — President of CSI Solar Ismael Guerrero Arias — Corporate Vice President and President of the Energy business Huifeng Chang — Senior Vice President and Chief Financial…

[lynnewolf]

#facebookpicspam Fucking flies. https://www.instagram.com/p/CSiq-EXMhSU/?utm_medium=tumblr

[mikebellafiore]

This retail trader just crossed 100k in trading profits

Last month on Twitter, I spotted this tweet and impressive equity curve from a developing retail trader:

As the managing partner of a proprietary trading firm in NYC, I study traders succeeding.  This retail trader is succeeding! I reached out and asked him a few questions (in bold), hoping to learn from his success.  Below are his answers.

Who are you and where are you from? Why did you get started in trading?

I’m a retail trader from Sydney (@_jpark89 on Twitter) and videos such as “How to make $1000 in 10 minutes,” “How to buy stocks before they spike 200%,“ “How to turn $1000 into $10,000,” were my introduction to the trading world.

Since then I made some easy money (100% luck), blew up a couple accounts, started over with a $600 account (third time’s a charm) and recently crossed $100,000 in overall profits.

What obstacles have you overcome to succeed? Why have you been successful?

Trading wise, I’ve had to deal with the same obstacles most small retail traders face when starting out. Inadequate guidance, small account, high commissions, lack of borrows, you name it.

Why have you been successful?

I think I’ve been successful because I didn’t use these “obstacles” as an excuse for why I couldn’t make it and put in the necessary time and effort in order to succeed. I worked to support myself financially, I traded or at least watched the market action from 9:30am to 4pm and did the required work outside of market hours in order to improve (which in the beginning, I didn’t even know how to do).

What mistakes are underperforming traders making that you are not?

I started posting my daily P&L on Twitter in mid-2016 as a way to objectively document my progress and connect with traders who may be at a similar level. Through this process, I was able to connect with traders of different skill levels. There were a handful of common issues that I was able to identify among the newer or not yet consistently profitable traders, but the two that stood out to me most were that they:

1) Focus too much on their P&L and not enough on process

They equate positive P&L to good trading. Sure, who in their right mind would prefer to lose money over making money? Let’s say for example this week, Monday through Thursday Trader A made $100/day and lost $100 on Friday. Does that mean Friday was Trader A’s worst trading day? Not necessarily. In my opinion, trading is a game of probabilities and risk management. The best you can do is enter trades when the odds are in your favor and manage your risk accordingly. There is no strategy out there that has a 100% win rate (except the guys who trade on a laptop by the beach with bad WiFi) and therefore you will have days where you do everything right and lose money, just as some days you will make horrible decisions and walk away with a profit. The focus should be on something you have full control over, such as solid trading practices, whatever that may mean to you. If your strategy has shown edge over time, the only thing you need to worry about is the consistent execution of your plan and P&L will take care of itself. Who is likely to be the better trader; the guy who made $10,000 in his first and only trade or the guy who made an average of $100/day over 100 days?

2) Cannot define their edge and make setups their own

It may be beneficial to learn setups and ideas from others especially if you are new. However, somewhere down the road I think it’s absolutely necessary to have your own take or variation on those setups and make it your own. Long breakouts, short failed breakouts, long at support, shorting a parabolic move, shorting a daily chart breakdown on earnings miss and lowered guidance, there are literally a million different ways to make money in the market and you only really need to master one trade to be on your path to consistently profitable. Generating your own additional reasons for setups that make sense to you as well as the criteria for entries and exits are, in my opinion, paramount to developing conviction in your trades.

Who has influenced your success and how?

I have learned so much from many different people on Twitter but these are the people who have had the biggest impact on my trading.

@Investorslive – Nate not only taught me the basic technical concepts but I learned a lot from his daily stock commentary. This helped me learn the dynamics of supply/demand on certain stocks which gave me one of my first “ah-ha” moments in trading. Aside from the technical aspect, he was the one who drilled the importance of process over P&L into my head early on. “Trade well and profits will follow,” is my favorite quote of his that turned my trading around.  (Bella note: If you have not already J Park, it might be time for you to give back here.)

@modern_rock – Early in my trading career, he opened my eyes to not only what was possible in terms of P&L, but also the level of consistency that was achievable. Bao taught me the importance of singles (not looking for home runs on every trade) and consistency. I highly recommend checking out @mrockrulez where he shares his own personal trading rules and the lessons he has learned along the way.

@kroyrunner89 – I learned the basics of Level 2 analysis on OTC stocks from Tim as well as a more methodical approach to finding my own setups through building spreadsheets and collecting statistics. Openly talks about his biggest losses and his plan going forward to overcome these bumps, which I have found to be very useful.

@MikeBellafiore – The author of my two favorite trading books, One Good Trade and The PlayBook. I came across his books when I was already somewhat of a consistently profitable trader but they were instrumental in helping me break out of the $100-200/day channel. They gave me a more structured plan on how to progress with increasing risk through a few basic concepts and also provided me with a better way to review my trades. Aside from the trading aspect of the book, the “You can be better tomorrow, than you are today,” mentality was my biggest takeaway from the books.

What are your goals for 2017?

1) Trade bigger Size has always been something I’ve struggled with, but I’m trying to push outside my comfort zone as often as I can, while still staying in control emotionally. Sometimes this may mean taking on just $50 of extra risk on a trade, but I’ve learned that this can add up quick over time if done consistently. I would love to get to a stage where I’m comfortable risking $1000 on a trade in the next few months and perhaps $2000-3000, by the end of the year.

2) Expand my PlayBook Around 80% of my trades are on micro/small cap momentum stocks, typically under $20. I’m trying to get more familiar with anything that’s not my core niche.

3) Connect with more traders Sharing my progress on Twitter has allowed me to connect with many different traders of all levels. I believe this has helped me progress tremendously and would like to continue learning from traders of all different skill levels.

……..

Study the traders succeeding.  They will help your trading game!

As always, please feel free to reach out and Ask Anything about your trading- mbellafiore@smbcap.com.

Bella

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