There is some mixed data from the Department of Energy on its weekly inventory data today, although the negatives here seem to outweigh the gains. We are watching the Oil Services HOLDRs (NYSE: OIH),…
The solar energy sector has been beaten down for the better part of the last year. There have been concerns about over-supply of product and low demand because of the economy. JA Solar (NASDAQ:JASO)…
Big oil is about to get even larger. Exxon Mobil Corporation (NYSE: XOM) and XTO Energy Inc. (NYSE: XTO) announced an all-stock merger transaction valued at $41 billion. This merger, or acquisition, is meant…
It is not entirely clear that consumers want plug-in electric cars, but that is not keeping Toyota (NYSE:TM) from marketing one, probably in two years. Hybrids are less expensive and get up to 50…
The weekly rig count data from Baker Hughes Incorporated (NYSE: BHI) is out, and it seems that the corrective phase in the price of oil is starting to create mixed data in the rig…
The second half of November showed somewhat of a mixed bag in short selling activity in the universe of our actively traded and more prominent solar stocks. We saw a gain in short selling…
The weekly oil inventory data from the Department of Energy is out with some very mixed data. The headline data on crude may be a shocker, but the rest of the data is counteracting…
First Solar, Inc. (NASDAQ: FSLR) has news on the wires this morning that the company and Enbridge Inc. (NYSE: ENB) have entered into an expanded agreement on the Sarnia Solar Project from 20 megawatts…
Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts. It looks like we have another week of rig count growth on the three major counts, a positive development for those wanting…
The Department of Energy has just released its new weekly data on oil inventories. The headline data looks good for those wanting lower oil prices, but there is actually some very mixed data in…
Somali pirates have a new business. They hope to corner the market in crude. The Greek-owned Maran Centaurus, which is carrying oil from Saudi Arabia to the US, was hijacked in the ocean off East…
There has been a heated argument for the last several years about when the world will start to run out of oil. The rate of oil production, after more than a century of drilling,…
The Department of Energy has just released this week’s oil inventories data. While there are gains almost on all counts, this may not be enough. The key ETFs that react to the news are the Oil…
Baker Hughes, Inc. (NYSE: BHI) has released its data on the weekly rig counts and most are up. We are watching the key ETF products react via the Oil Services HOLDRs (NYSE: OIH), the…
If you thought you might not see another green energy or less-dirty energy exchange traded-fund, there is a new ETF for you. First Trust Advisors is launching the First Trust NASDAQ Clean Edge Smart…