Electrify Your Portfolio with Stimulus Energy ETFs
The push to develop a national “smart-grid,” which will more effectively transfer energy around the country, is setting up an opportunity for quick ETF profits. The project, which could cost as much as $2 trillion, will be a boon for many energy service corporations. The movement’s goal is to reduce the amount of energy used, [...]
U.S. Blows by Competition to become Top Global Wind Producer
Alternative energy has become a vital issue in addressing climate change and a global recession. Even prior to environmentally-conscious U.S. President Barack Obama taking oath, the United States was well on its way to expanding clean energy through the use of wind power. Reuters reports that the U.S. wind power grew in capacity by 50% [...]
Weekly Recap of Solar ETF was Sunny
Clouds covered the overall market over the past week; however, the solar energy industry was able to steer clear of the storms. Year-end gross domestic product statistics declined by 3.8%, which equaled the largest drop in more than 25 years, according to Will Swarts of Smart Money. In addition, the Dow Jones index dipped below [...]
Year-end Dividends for Claymore ETFs
Each of the 33 Claymore ETFs on the NYSE Arca and American Stock Exchange (AMEX) will be distributing dividend payments to close out 2008. In addition, none of the funds are paying long-term capital gains. A Business Wire press release lists the ETFs with their year-end distribution amount scheduled to be paid on December 31, [...]
Long-term Outlook Bright for Solar ETFs
The solar industry has been under a cloud for much of 2008. The forecast, however, predicts sunny skies ahead. Despite many companies pulling back the spending reins during current market uncertainty, the growing demand for solar has attracted major investor contributions to this alternative energy industry. Melinda Peer of Forbes reports that Hemlock Semiconductor group, [...]
