Your Weekend Watchlist: 22 Stocks to Watch This Week

The iShares Global Clean Energy ETF (Nasdaq:ICLN) and the Invesco Solar ETF (NYSEarca:TAN) – two of my top ETFs for the year – turned in negative performances last week.

As an investor, you may be wondering if now’s the time to start moving away from the clean energy sectors of the market…

But I’m here to tell you that that would be a big mistake.

The drop is simply what I like to call a “herding cats market.” We’re seeing correlation drop in the sector over the short-term, which is really just a fancy way of saying that the sector isn’t moving together – kind of like what would happen if you tried to herd cats.

Instead, you’ve got a handful of stocks rallying to new highs while others are selling off.

Below, I’ve put together an alternative energy watchlist. This chart breaks down the weekly performance of the larger companies in each these two sectors:

Note the difference between the top and bottom performers. The wide range in this sector indicates the volatility within these stocks.

You know what that means, right?

Volatility in a bullish sector means there are opportunities to be found. You just need to take a closer look at the stocks at each end of the spectrum.

Here are the top three profit opportunities in your weekend watchlist…

The Best Long-Term Trade for 2021

I’ve spent the past few weeks touting the developing trends in the clean energy sector.

Names like SunPower Corp. (Nasdaq:SPWR), Plug Power Inc. (Nasdaq:PLUG), and Blink Charging Co. (Nasdaq:BLNK) have been among those firecracker names, rocketing an incredible 475%, 1,649%, and 2,556% in the last year.

But those massive gains come with a catch.

These clean energy names are volatile with a capital V. They’re a perfect example of a trader’s stock. They have something that resembles a long-term trend, sure. But to rake in gains on these stocks, you need to follow the short-term trends and ride out the volatility storm.

It’s a recipe that scares away long-term investors. But that doesn’t mean they can’t join in the energy market’s bullishness…

And make a profit off of it.

You see, there’s another area of the energy market that is now seeing a technical tide change…

A slower, rolling move, like the ocean’s tidal change, that’s going to garner a lot of attention from the market – as well as market-beating returns.

This is the best long-term trade opportunity of the new year…

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