FuelCell Energy Inc (FCEL)

[jbsliverer]

Oh I've played this thing both ways, sometimes several times a day almost daily. Missed that big runup that you speak of, didn't come across in a watch yet at the time, but caught a lot of it coming down then up and down since then. Haven't missed much, gotten used to how FCEL acts. By now it's many times return even after taxes.

Which ever way it goes no matter to me, it's just been one of the better trading stocks around just with the duration and regularity of it, and I'd be just as happy or happier trading a long term uptrend. Just been more short than long due to it's downward trend the last yr which hasn't turned yet.

It's no big deal, it is what it is, I've got no personal attachment to it other than my own money to be made. I'm just an average trader following the much bigger money the trend(s), and the charts.

Maybe if FCEL can break that 200 day and hold, it can start dealing with all the other resistances it's going to contend with including the general bear market, inflation, and recession that's coming our way in the near future.

I can't help it if there has only been short term upwards trends with larger corrections and longer term downward trend. Not my doing, I just play the hand that's dealt.


March 15, 2022 04:22 PM ET (BZ Newswire) -- Analyst Color
For more than a year, the U.S. Federal Reserve reassured investors that post-COVID-19 pandemic inflationary pressures were transitory. However, Joseph Brusuelas, principal and chief economist for RSM US LLP, said Tuesday that the Russian invasion of Ukraine may have assured investors inflation is here to stay for at least the next several years.
Inflation Typical: Brusuelas said inflation is typical during times of war and economic conflict.
Related Link: 'Held Hostage To External Events': Experts React To 7.9% CPI Inflation, Highest Since 1982
"We have most likely arrived at a turning point where elevated inflation will define the economic narrative for several years. That may require much higher interest rates than have been observed in recent years and will diminish the probability of central banks achieving a soft landing for the economy," Brusuelas wrote.
Recession Risk Rising: In fact, Brusuelas is predicting the next round of economic numbers in the coming weeks could significantly increase the probability of a U.S. recession.
"The combination of a unique confluence of factors during the pandemic and now the disruption to the flow of oil will almost surely unleash a period of inflation unlike anything since the 1970s," he said.
Brusuelas said there's a real possibility that top-line U.S. inflation surpasses 10% in 2022. The good news for Americans is that the U.S. economy is far less dependent on foreign oil than it was in the 1970s. On the downside, rising global energy prices will certainly have a negative impact on consumers' discretionary spending and higher input costs will pressure companies to pass those costs on to their customers via higher prices.
Benzinga's Take: The SPDR S&P 500 ETF Trust (NYSE:SPY) traded higher throughout the second half of 2021 when inflation really started to ramp up, and it traded higher through the last cycle of Federal Reserve interest rate hikes from 2016 through 2019. However, it may be extremely difficult for the market to grind higher when corporate earnings are getting squeezed by both inflation and rising interest rates simultaneously.
Image by Foto-Rabe from Pixabay 
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