Trading Diary: Defensive action during bull move in stocks
We bid a reluctant adieu to On Semi (ON) and First Energy (FE), but are encouraged by moves in our other portfolio holdings. Like Cliffs Industries (CLF).
coal
Climate change to radical Islam: the Los Angeles Times has gone mad
LOS ANGELES, June 2, 2016 — Los Angeles is one of the major cities in this world. It is the entertainment capital of the world. A world class city that makes global news deserves a world class newspaper. The Los Angeles Times once made some pretense about trying to be that respected news source. But ...
West Virginia Democrats deliver Sanders a victory, Clinton lumps of coal
As a politician far more talented than Hillary Clinton once said, “It’s the economy, stupid.”
Democrats trying to wipe West Virginians off the map
Coal is a cheap and reliable power source, but Obama's EPA hates coal and cares nothing for the people who mine it. They'll remember that in November.
Hillary Clinton seizes Obama’s torch on the war on coal
Rather than come up with common sense bi-partisan measures that look out for the environment and also protect the American worker, we have a situation where Democratic presidential candidates earn votes by promising to put Americans out of work. Sad times we live in.
Energy stocks obliterated as Wall Street carnage continues
WASHINGTON, July 24, 2015 – Heading into the last half-hour of Friday trading, all stock market averages—and most stocks for that matter—are plummeting again in action that’s likely to put a dent in even the cheeriest of market optimists. It’s hard to put a finger on just what’s causing Wall Street’s continuing massacre, but we ...
Democrats crushed, Wall Street bulls celebrate the news
WASHINGTON, November 4, 2014 – Elections have consequences as Barack Obama likes to observe. And so it was with last night’s epic Republican blowout, which helped the GOP stage a handy takeover of the despicable Harry Reid’s do-nothing, vote-on-nothing Senate as well as cementing an even larger majority in the House. More substantial political consequences ...
AT&T to buy DirecTV for $48.5 billion
WASHINGTON, May 19, 2014 – The big news on Wall Street this morning is the agreement by telecom giant AT&T (T) to buy DirecTV for a reported $48.5 billion. The idea is that both companies combined would be better able to compete in the communications maelstrom being caused by the harmonic convergence of cable, telecom, ...
America’s power grid at the limit: the road to electrical blackouts
CHICAGO, April 23, 2014 — Americans take electricity for granted. Electricity powers our lights, our computers, our offices, and our industries. But misguided environmental policies are eroding the reliability of our power system. This past winter, bitterly cold weather placed massive stress on the US electrical system―and the system almost broke. On January 7 in the midst ...
Renewable energy in decline, less than 1% of global energy
But an unexpected transformation of energy markets and politics may instead make 2014 the year of peak renewables.
Stocks in rally mode, as Obama releases Kraken on coal
Taper talk put back in the box. Window-dressing keeps stocks higher.