Investing Green is a investors blog that focuses specifically on winning trading ideas generated from innovative companies, technology, and ideas that are currently developing to meet our energy needs to remain competitive in the global economy. Energy efficiency and independence has become national imperatives for our economy and recent all-time high oil prices has demanded the government, firms, and consumers attention and will induce the next market boom. Going Green And Meaning It!
The first order of business today will began with a look at a ETF that tracks Solar companies, that ETF is no other than Market Vectors Van Ecks Solar Energy(KWT). As you can see from the chart the fund had a huge rally at the beginning of May with every increasing oil prices in that month. Oddly enough, a counter oil play performs roughly directly with its energy cousin. The fund also seen substantial volume due to the capital venture T.Bowne Pickens made in the largest wind power project of its kind in the United States. I am Bullish on this fund due to its long term implications for providing a viable energy solution to reduce carbon emissions and our dependency on foreign oil.
This blog is for educational purposes only and should not be construed as professional investment advice. Please consult your finanical advisor when determining whether an investment is suitable for your goals.
No comments:
Post a Comment