Buy Google (GOOG), Buy Solar City (SCTY)

I bought Google for the following reasons;
- Nasdaq down ~12% in last week due to anxiety over China sell-off and Oil at $27. However, US and European economies still strong and low oil prices are a positive for other parts of the economy.
- Apple exited Ads business this week, reducing competition for Google.
- Googles new Alphabet company structure should unleash value creation.
Price $689.53
Trade/Portfolio: 1.50%
Position/Portfolio: 4.73%

I bought Solar City for for the following reasons;
- Stock down from $57 to $30 in last 30 days due to exceptional events creating buy opportunity;
- Nevada reverses incentives for residential solar.
- Oil down to $27 a barrel because Iran sanctions lifted yesterday.
- Nasdaq down 12% for the week.
- Solar City and other solar companies announce they are leaving the state, some are saying a new deal may be in the works.
Price $30.35
Trade/Portfolio: 1.02%
Position/Portfolio: 6.67%