Back into black?

After last week's update where are we now?

The 200 point area in the Nanotech index seemed to be a good reentry point, after the selloff in the global markets, leaving many new opportunities for the long term investors.

The prices are bouncing off their recent lows but the question remains. Whether we are in a short term corretion or a longer term downward move is yet to be answered:



And now for some nanotechnology news:

Bear Stearns seems to be having the same opinion many "nanotechnology informed" investors have regarding the future of nanotech stocks.
Maybe the next big bubble will not be China nor Web 2.0
Bear Stearns Says NanoBubble Yet to be Blown


Finally someone trying to replicate biology while construction a nanomotor instead of using nano-scale replicas of factory production lines that probably will never work:
EU supports research towards the construction of nanomotors


Interesting read about the near-future of Artificial intelligence.
But maybe let's first define and understand what "intelligence" means in order to make an artificial form of it.
Is AI Near a Takeoff Point?

There is a new Nanotech Blog at Nanotech Briefs:
Nano Test blog

Long Term Opportunity?

With the recent Selloff in the markets both major and sector indexes are near their 200 day moving average.

For longterm trades/investments this should be a good time to accumulate or get back into the longterm trend. We could get lower in the next days/weeks but if we look at the monthly charts this could be just a retracement in this Bull Market only 3 years long.


Here are some stocks that look quite attractive after these corrections, while still in their longterm bullish trends:

PXN - Lux Nanotech ETF
ELN - Elan Corp. PLC
PANL - Universal Display Corp (OLED Technology)
SMMX - Symyx Technologies, Inc.
VECO - Veeco Instruments, Inc.

If you want any detailed information about these companies you can check Google finance, just type the stock codes or company names: Google Finance: Elan Corporation, plc


In case you didn't notice Howard Lovy's NanoBot is back online, probably for a couple of months now, but I only noticed it recently so check it out:
Howard Lovy's NanoBot

Independent nanotechnology information and commentary

And talking about NanoBots, there is an interesting article in Responsible Nanotechnology Blog:
Robot Factory Predictions

Reaching Supports

The two most important Nanotechnology indexes have finally hit my target supports and Bulls should poise for a comeback.

Merrill Lynch Nanotech Index finally reached the 200 day moving average and in the next days we could at least stop reaching new lows.


Powershares Lux Nano ETF found a common Support/Resistance from the last months.
The horizontal black line indicates the technical support, which can stop the Bears from getting ahead, I think at least for some time...


Next week I'll try to post some individual nanotech related stocks that offer some good chances of reversal.

Nanotech index update

The recent Selloff in the major indexes affected the small nanotech stocks group.
Merrill Lynch Nanotechnology Index ended it's six consecutive negative sessions and stopped at an important technical support, near the 210 points.
A couple of points below lies the 200 day moving average that should provide additional support for this Bull Market since 2005.


This should be a nice time to search for new long-term and short-term trades if we bounce back into the last bullish trend, although this could represent the start of a correction that could last a couple of weeks/months.

Solar Energy Stocks

Nanotechnology brings the promise to make Solar Panels more efficient and cheap.
Although much of this type of research is still in the labs, it's never too late to start looking for some interesting Solar 'Powered' Stocks.

Here is a list:

Evergreen solar ESLR Chart

Suntech Power Holdings STP Chart

Energy conversion devices ENER Chart

Solar Enertech Corp SOEN Chart (BB)

MEMC Electronic Materials WFR Chart
(silicon wafers for solar panels)

Motech industries

Big Companies investing in solar energy: Sharp, British Petroleum , Kyocera

And an interesting site dedicated to Alternative Energies, with plenty of stocks info: Alternative Energy Stocks

List of alternative energy stocks from

Odysen - Solar,Renewable Energy Stocks

Sustainable Business Stock List