WTI over $31, Brent over $34. US natgas $1.99. Oil production cut happening tween OPEC, Russia?
Obama proposed $10/bl oil tax to fund clean transport. That sounds reasonable. Remember always: pollution kills.
T Bone Pickens cashed out on oil for now.
Fed getting reversal indicators.
(stock #s in %):
PSON up 28. LEOM up 21 with heavy volume. AWSL up 21 with very heavy volume. EVSI up 20 with volume. ASTI up 17 with volume. LSCG up 16. XSNX up 15. BSRC up 11. CREG, CSUN, QTWW up 9. RBCN, ZAAP, LTBR up 8. PEIX, NTCXF, WATT up 7. SEDG up 7 with very heavy volume. AMSC, BBLU up 6. CREE up 5. TSLA up 1 off new low.
CHGT down 29. ACFN down 27 with volume. GPRC down 25. GRPH down 24 with heavy volume. VSPC down 18. DPSM down 10 with heavy volume. SCTY down 6. AXPW down 4, new low.
New energy a very fluid market, in case you haven't noticed pards.
I wish I could give you some heads up but I can't figure it out right now myself. Though I'm watching the solars carefully for buys or rebuys. Took a position in methane from wastedumps with actual profit that will be more profitable next year. Price to earnings. It's really basic. 15x EPS the standard. It's pretty crazy right now, but clean power is the future. Buy any good company for a 3-year double or so and you should be OK. If our world hangs together in the meantime.
Tally ho, rockheads. Love ya.
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