I follow alternative energy stocks fairly closely. In particular, solar cell producers. Many of the large producers are based in China where the government today announced that they are increasing a key transaction fee investors must pay to do business in that country. That caused a 6.5% drop in China’s stock market and took a good bite (5-10%) out of most of these solar stocks.
In the interest of full disclosure, yes, I doubled-down on TSL (Trina Solar).
Sector Snap: Solar Cell Makers: Financial News – Yahoo! Finance
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