OPEC, Sound the Alarm

In response to the President of OPEC:

I believe that the most important number in your life right now should be 2.7. I think that it is very important for you to stick this number to the inside of your skull because it is real proof that you are selling a product that is not inelastic.

You have underestimated the economic alternatives that we will resort to in the United State. We will walk, carpool and eventually leave your drug.

remember 2.7% because that is how much demand droped in the United States. We have made you into billionaires and we are soon to leave you, especially as prices pb go to $170.

Sound the alarm: you may want to do something to keep us hooked on your drug....

JOEZ earnings call

JOEZ is set to have an earnings call April 14. 

I had the pleasure to listen in on the last conference call. Outside of the hour it took to connect everything was positive. Most notably JOEZ management team has a very aggressive outlook on the retail sector. With the second outlet store set into place in Orlando and the first one in New York already out of the ground, they should prove to have a good quarter as far as organic growth goes. 

Many denim companies, like True Religion, have market confidence. And, at face value, I think that Joe's Jeans is undervalued by about a dollar. One analyst put their true value at $2.75 a share. So as far as I am concerned, they are ON SALE. 

Look for a good report on consumer spending. Even with the credit crisis looming in the background, I think that consumer spending, especially in high end sectors, will remain strong. The only truely effected companies are those connected to large purchases and not those connected to discretionary spending. Moreover the companies that produce luxury items as the buyer is usually not effected by a blip on the economy. 

One day of solar energy could fuel your portfolio for a life time

Solar energy seems to be a hot TRADE right now. A stock that I have been following has been First Solar or FSLR. I must admit that I have had a position in FSLR in the past but with new energy being harvested at an alarming pace and the prices of traditional fuels, i.e. coal or petrol, on the rise solar power and products are sectors to be in.

"Solar stocks had another blowout week led by LDK Solar’s (LDK) 25% gain." Himanshu Pandya of Seeking Alpha said in a recent report. "First Solar (FSLR), Sunpower (SPWR) and Suntech Power (STP), what I consider the first-tier solar companies, all had a gain close to or above 20% for the week."

I believe that solar power could be the next bubble. Along with agriculture, solar energy is heavily subsidized and is poised to begin to make profits without the governments help, unlike agriculture.

One reason that FSLR has had the biggest positive gains over the last year is partly because of their supply to a market that is in such huge demand. The market of solar power is gaining traction because of the reduction in cost to supply the panels and products that go into the market place. With this reduction in costs we may see solar field popping up all over the country.

With the introduction of solar to our power grids we may also see a deep price reduction in traditional industry. Since the municipalities are not jumping on solar and venture capital is, there may be new competition to a service that has traditionally been state run.

Maybe gold and oil is not the place to be. Like bottled water, the money may be in something that is very abundant.