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The sector to be aware based on Obama's $ 500 billion Plan

The fate of Citigroup and the desperate autosectors provided the excuse for traders to slaughter the Wall street. They had been waiting long for any good news to lift the index. Finally they got it through the release name of the treasury secretary. Obama keep on giving all the positive energy as much as he can by announcing the 500 billion stimulus plan on weekend.

Unlucky, the fate of Citigroup still became the excuse for the Asian traders to stop any activities. Will the Japan holiday is one of the excuses of no trading in Asian time?

On 3:12 pm GMT +8 , the Dow future still not smile even the rescue plan of Citigroup has announced. The China market keep heading south. Really don't know what the traders are thinking? May be the traders are all on holiday and no one in trading floor. Why ? the Forex market is so silent today, the USDJPY is just moving within few points, the whole day is just running within 95.34 - 95.14. Are the traders sleeping?

Before Thanksgiving and announcment of Obama's new team, what will the trader do? Let's see it tonight.

Looking into the detail of 500 billions plan, you can find some hints of future fortune. What is it???? It is the support of the alternative energy. Under the problem of Global warming, The whole world spent effort to support the development of green energy. With the clear direction stated in the Obama's plan. It is really worth to spend time to study this sector.

In past two years, I had witnessed the waves in alternative energy, Most of the shares once being rocketed to the Galaxy by the fund managers. Now it almost back to the earth. From their financial reports, this sectors' member really provided growth in revenue and profit. If you are interested, you can take a look on the Wind energy ETF like (PWND) and solar energy (TAN) to know the height of the sky of this sector. For individual stocks, you can also aware the movement of Suntech,Sun Power and MEMC etc.

Even you do not want to invest on this sectors, After study, u can also tell your friend more about the green power. Isn't it not bad?

Comments

Anonymous said…
No wonder why Warren Buffet bought the stock of BYD Ltd (1211)this Sept. The price was one up to HK$16 once the news confirmed, and now it gets back to around HK$10. I'm still waiting for a lower price. What do you think about 1211?
November 24, 2008 at 6:37 PM
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