Update on Alternative Energy
Source: http://feedproxy.google.com/~r/ElectionStocks/~3/BIBRVXUsSBU/Posted on Monday, June 29th, 2009 | In Market Commentary, Politics & Your Money
The (H.R. 2454) passed the House of Representatives last Friday – but only by seven votes. Obama focused today on making his case to the U.S. Senate, confident that they will “move this country forward.” He cited the case of California, where tougher energy legislation in the 1970s has both created jobs for the state, helped their economy, and made their citizens more energy efficient.
Two very specific programs we noticed were for new efficiency standards in lightbulbs and the expansion of new alternative energies in American homes and businesses. Supposing this bill passes the Senate, you might consider investing in fluorescent lightbulb manufacturers such as General Electric (GE) or other alternative energy companies that currently offer products like those in the WilderHill New Energy Global Innovation Index (NEX).
The President made sure to stress this moment as the point where the United States continues to lead the world into the 21st Century, or begins a slow decline. As of this time many experts consider the upcoming vote in the senate “too close to call.”
Last 5 posts by Jeffrey Miller
- A Tough Nut to Crack - October 29th, 2009
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 About Jeffrey Miller (http://www.oldprof.typepad.com)
Jeffrey A. Miller, Ph.D. is a former college professor with a hands-on, real world attitude. His quantitative modeling helped inform state and local officials in Wisconsin for more than a decade. A Public Policy analyst, he taught advanced research methods at the University of Wisconsin, and analyzed many issues related to state tax policy. In 1987 Jeff began work for market makers at the Chicago Board Options Exchange. His approach included finding anomalies in the standard option pricing models and developing new forecasting techniques. Merging these quantitative techniques with specific company analysis, Jeff also generated trading ideas from sell-side analyst reports. Through his years of experience in trading options, futures and equities, Jeff has come to be regarded as an expert in interpreting the effect of news on the markets and individual stocks. Jeff has served as a forensic expert in several cases involving such issues. He has also written a series of papers on investment management, describing both quantitative methods and those related to behavioral economics. |
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