Plug Power Inc (PLUG)

[THREE-DAY-TRADER]

O-K, I understand FOMC doesn't have an exact direct correlation with PLUG usually... but understand that this is an alternative energy stock, and most in the overall sector are down right now in this market, and a major factor is that it competes with other energy such as Crude Oil which happens to be getting beat down lately. If it keeps dropping it's bad for PLUG & the Oil market can be influenced by what FOMC says next week. In this recent instance, it is something to be mindful of more than usual.

But overall in general Crude Oil, etc, is a factor in affecting this or any alternative energy play so I'm always aware of that relationship when trading these alternative energy types of stocks.
I personally think most likely Crude Oil stops soon at 40-43/barrel with small possibility of upper 30's yet in the interim short term. If so, PLUG could see some downside volatility yet in terms of that affect if Crude Oil keeps dropping.