This Sector Could Soar in 2021…

“Not everything that can be counted counts, and not everything that counts can be counted.” ~ Albert Einstein

Dear Trader,

Welcome to today’s edition of Wall Street Connected.

With the fossil-fuel sector said to underperform the S&P 500 under a democratic administration, there is a sector poised to benefit from a potential downfall of traditional energy stocks.

While the fossil-fuel sector may be a laggard, the ETF sector ranking #5 by total traffic on TrackStarIQ’s data is poised to outperform the S&P 500 under a democratic administration.

This sector includes stocks which have been rising by double-digits in recent weeks…

Some of the most actively traded stocks within this sector include Tesla (TSLA), XL Fleet Corp. (XL), CBAK Energy Technology, Inc. (CBAT), and First Solar Inc. (FSLR).

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Under a democratic administration, potential catalysts such as eliminating solar tariffs, reducing fossil-fuel subsidies, and another stimulus package could pave the way for alternative energy equities to soar in 2021.

Alternative energy equities are ranking #5 on top sectors (ETFs) by financial professionals (total traffic) through this past week.

Demand for alternative equities amongst traders and investors has become so great that many alternative energy ETFs have been launched in recent months.

ETFs are designed to mirror the price action of equities within specific sectors, but are not subject to the risks associated with individual stocks.

Examples of common risks associated with owning individual stocks are upgrades, downgrades, buyouts, offerings and earnings reports.

ETFs offer investors and traders who are seeking exposure within a specific sector the opportunity to get in on the price action, while avoiding the risks associated with owning individual stocks.

ETFs may also trade on higher volume than individual stocks, making both entries and exits easier for traders and investors to manage.

Some of the most popular alternative energy ETFs include the Solar Invesco ETF (TAN), the Global X Autonomous & Electric Vehicles ETF (DRIV), the Wilderhill Clean Energy Invesco ETF (PBW)

TrackStarIQ Data

Here are some highlights from FA searches this week…

RANKTOP INDUSTRY (EQUITIES) BY FAs (Total Traffic) – This Past WeekTOP INDUSTRY (EQUITIES) BY FAs (Surging Traffic) – This Past Week TOP SECTORS/CATEGORIES (ETFs) BY FAs (Total Traffic) – This Past WeekTOP INDUSTRY SEARCHES BY FAs w/ AUM>$1B (Surging Traffic) This Week [EQUITIES]
1BiotechnologyCoking CoalEquity – Large Cap Growth EquitiesEquity – Large Cap Growth Equities
2Drug Manufacturers – Specialty & GenericMisc Industrial & Commercial Machinery & EquipmentEquity – Leveraged EquitiesEquity – Leveraged Equities
3Diagnostics & ResearchRetail-Miscellaneous Shopping Goods StoresEquity – All Cap EquitiesEquity – Technology Equities
4Auto ManufacturersStaffing & Outsourcing ServicesEquity – Technology EquitiesEquity – All Cap Equities
5SemiconductorsElectronic & Other Electrical Equipment (No Computer Equip)Equity – Alternative Energy EquitiesEquity – Alternative Energy Equities
6Software – ApplicationEating placesEquity – Health & Biotech EquitiesCommodity – Precious Metals
7Medical DevicesREIT – DiversifiedCommodity – Precious MetalsEquity – Health & Biotech Equities
8Insurance – Property & CasualtyInsurance – Property & CasualtyVolatility – Leveraged VolatilityEquity – Small Cap Growth Equities
9Software – InfrastructureBeverages – Wineries & DistilleriesEquity – Small Cap Growth EquitiesVolatility – Leveraged Volatility
10Specialty ChemicalsREIT – IndustrialEquity – MaterialsEquity – Materials
11Electrical Equipment & PartsShell CompaniesEquity – Asia Pacific EquitiesEquity – Energy Equities
12EntertainmentUtilities – RenewableEquity – Small Cap Blend EquitiesEquity – Small Cap Blend Equities
13Internet Content & InformationPaper & Paper ProductsEquity – Global EquitiesEquity – Large Cap Blend Equities
14Internet RetailElectric Lighting & Wiring EquipmentEquity – Large Cap Blend EquitiesEquity – Consumer Discretionary Equities
15Specialty RetailCommunication EquipmentEquity – Consumer Discretionary EquitiesEquity – Global Equities
16Computer HardwareOil & Gas E&PEquity – Energy EquitiesEquity – Asia Pacific Equities
17Credit ServicesCapital MarketsEquity – China EquitiesEquity – Financials Equities
18ConglomeratesTelecom ServicesEquity – Industrials EquitiesBond – Government Bonds
19Consumer ElectronicsAerospace & DefenseCommodity – Agricultural CommoditiesEquity – Industrials Equities
20Utilities – Regulated ElectricREIT – SpecialtyEquity – Financials EquitiesCommodity – Agricultural Commodities

What We’re Reading:

  1. Nasdaq keeps climbing to new records
  2. Healthcare company pops on oversubscribed private placement
  3. COVID-19 test results and vaccinations

What We’re Watching:

Intel Corp. (INTC) had its earnings results leaked prior to Thursday’s opening bell.

After a release stating the company had a cybersecurity breach which was responsible for leaking Intel’s earnings report, the stock tumbled nearly 7%.

Learn more about Intel…

What We’re Liking (Sponsored):


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