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Alternative Energy Gets Better Everyday

Alternative Energy has been on the minds of people for decades and as the time goes on the technology improves. The price of oil is once again on the rise. The cost of coal has risen and after the latest disaster in Kentucky it has shown us that we need to move towards alternative energy.

Out of all the different alternative energy sources, wind power seems to be the best choice of them all. Why do I say that? Well, it’s because wind power can cost as litter as $0.02 per kwh. One company that I’ve spoken about before and I still stand behind is Mass MegaWatts Wind Power Inc. (MMGW,OB: OTC). They have been doing the right thing in progressing towards a more efficient way in producing wind energy.

Last Friday they released a report in regards to their new design in their turbine blades. Mass MegaWatts has multiple patents on their equipment and that alone will bring value to the company. With many other wind turbine designs, they are costly when it comes to repairs. Unlike other designs, Mass MegaWatts has put together a unit that doesn’t require huge cranes to make repairs to their blades. Mass MegaWatts have also designed a product that is not harmful to birds. The big GE wind turbines have killed many birds, including ones that are on the endangered list.

Presently the stock is sitting at around $0.70 per share and is ready for a break out. they have things in the works that will increase their revenue immensely. I’ve spoken to the company and from what we’ve talked about, this stock is ready to explode. In the coming weeks we will hear a lot of news from this company and I know that it will be positive and wall street will finally take notice of it’s potential. Currently there are no analyst covering this stock, which of course is good for investors looking to get in at good price before everyone else jumps on the “band wagon”.

Look for yourself and you will see that this is the next alternative energy company that will bring new and great things.

Happy Trading.

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Solar Power Stocks Take A Beaten

In the last week or so the solar power companies have been getting down graded from several different analysts. The reasons vary from one another, but the message is still the same… stay away from the sector. The alternative energy sector has made some good gains in recent months, but then again almost everything has made gains since the lows of March.
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The leaders in the sector have really taken a turn down from where they were just a few months ago. First Solar Inc. (FSLR:NASDAQ) was as low as $100 in March climbing nearly 100% to it recent high of over $200 in May and has really taken a beaten since then.
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That’s not the only solar companies that has fallen out of flavor with the analysts. Typically when the price of oil starts to rise, the alternative energy sector gets some headwinds because of the fact that it makes cost effective sense to invest in the solar and wind power stocks. The problem here seems to be that the competitiveness of the sector has gotten really tight causing companies to cut back on their own pricing to compete with others in their market. Each of these companies are trying to get a bigger market share and to do so, pricing and profit will be taking a back seat at the moment.
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Here at Beating The Stock Market, I’ve been very positive about the alternative energy sector and have made plenty of money in trading these stocks. When news like this comes out from several different sources, I tend to stay away from the sector. Too much negative views on a sector does not sit well for me and I will wait and see before I jump back on board with solar or wind power stocks.

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Nuclear Energy Stocks

There are many different stocks out there that fall under the term “speculative”, of course that not really the case when it comes to the electric utility stocks. I just want to write about a sector that seems to be building up steam (literally and figuratively) later that needs to be addressed.


A little over a month ago I started looking for a new speculative stock to trade (oppose to invest in) and I happen to stumble over a company that is in the electric utility sector, but because it is mainly a nuclear play, I thought it would be a decent opportunity. I looked around at other companies that are also trying to expand their nuclear plant output, but this one stuck in my mind.


I invested a small amount (like I always do on speculative stocks) in the company after reading their earnings reports and reading the transcripts from their conference calls. Since then the stock price has moved up over 30% in just 5 weeks.


What really made me think that I had to write a post on it, was the fact that the company was profiled on a CNBC special this week titled Nuclear Option. In the show there was a lot of positive talk about the use of nuclear power being used in this country. There hasn’t been a nuclear power plant built in the United States in over thirty years, but now there are two being built as I type this post. One in Texas and the other in Maryland.


The company that I’m referring to is NRG Energy Inc. (NYSE:NRG). The company looks good to me and I will be buying more of it on the dips. I do expect it to lose some value because of profit takers as well as the overall market taking it down some as the DOW and the economy take a roller-coaster ride throughout the remaining part of the year. The chart looks healthy and with the price of oil expected to go back up, it will continue to rise.


As with any stock you look to invest in or trade, you need to do your own research to see if it’s right for you.

Nuclear energy stock market


Happy Trading



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Finance, Energy And Politics, Oh My

It seems that the stock market doesn’t react the way it should when important economic news is released. Over the last two months there has been negative news reports released that would normally cause the indicies to drop, but instead they have responded in the opposite manner.

The same goes for the good news that is also released. Look at how the news came out yesterday about the billions of dollars that will be paid back by ten of the major banks. You would think that the news would make investors and traders want to invest in these companies, making the price rise, well it’s wasn’t the case. As a sidebar comment, It amazes me that the money isn’t being returned to the Fed’s, instead it will be held by the Treasury Department just in case it will be needed again. My opinion is that the money will be used in the department’s slush fund and never returned to the tax payer.

The talk is out again about drilling in the Gulf of Mexico. The talks should have never halted. How are we to ever take control of our economy if we are depending on foreign countries to supply us with our energy needs? Oil is abundant in the gulf and we are not taking advantage of it, but I guess it’s OK since Russia is working with Cuba to drill in the gulf. That’s real good that they are doing so, this way they can also sell oil to us and we won’t be dependent on the Middle East. If you’re not sure, that last comment was a sarcastic one. Keep an eye on the alternative energy sector for some good gains. When oil gets above $70-$80 per barrel, solar and wind energy becomes more feasible and profitable as an investment.

The politicians are not doing the job that they were sent to Washington to do. The spending in this country is way out of control and needs to be pulled back. The private sector has to take charge of their future. We can not expect the government to come to their rescue. If the company can’t make a profit, then it needs to close no matter how many people it will affect. In the long run, having the Federal government get involved will only hurt more than it would have originally.

Keep your eyes on the stock market and be ready to raise capital (cash). I expect a pull back soon enough.

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Stock Market Research Could Pay Off In The Coming ...

It’s only a couple of days before President Bush leaves office and Barack Obama takes over. Typically the stock market have improve to some extent when the new President takes charge, but what are we to expect when it’s Obama’s turn? If you follow this blog on a regular basis, you’d know that doing some stock market research will help you prepare for what’s to come in the next month.
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Obama has been working on his stimulus plan for when he takes office. He’s spoken about the infrastructure needs to stimulate the economy. When a politician talks about infrastructure, he basically is referring to roads, public transportation and things of that nature. It seems that Obama’s plan is more in line to boost the green energy sector to help remove our dependency of foreign oil and to reduse green house gases.
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If that’s the case, then we need to focus on some stocks that could benefit from that type of stimulus plan. From what I can tell he hasn’t really spoken to T.Boone Pickins for some advice on what this country needs to do to remove that dependency. I’m incline to think that Natural gas may not be something the Obama is looking towards to help that along. I will say though that Natural gas has made some nice gains in the last week or two. I have been invested in natural gas for sometime and have prospered from those gains and taken some profits in it, but I do hold some interest in a company that should continue to grow.
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What about solar, wind and nuclear energy? I think in each of these areas that there are some stocks that will benefit from the stimulus plan that will most likely pass once Obama is in office. My advice is to look at the leaders of each of those areas and do your research to see if they can make some gains from the plan.
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The only stock that I will recommend at this time would be a company that I’ve spoken about before on this blog. The company has basically bottomed in the last month or so and I have jumped in and out of it a few times with some good gains.
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The company is Quanta Services Inc. This company will prosper from the plan in couple of different ways. It’s a infrastructure construction company that focuses on alternative energy. It has a strong balance sheet as well as some good guidance for the coming quarter and fiscal year. It’s presence in the alternative energy sector is also strong.
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As always, I will tell you to do your own research to see if this trade is right for you. Later this week I’ll have another suggestion for you portfolio.
Happy trading.

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Ethanol And Alternative Energy

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photo by plan my green

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Now with the price of oil being down over 60% since it’s July high of $147 per barrel, it seems that ethanol and other alternative energy sources have fallen out of flavor with investors. It was obvious to see that we needed to find other means to supply our fuel needs when we were paying $4.11 per gallon of gas (national average July 7, 2008), but with the price of gas now at $1.89 (Nov. 24,2008) people and investors are being blinded by how cheap it is at the moment.
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Ethanol is a fuel source that is derived from corn. A fuel source that has been in use for many years. Unfortunately, it has cause the price of corn to be very volatile and may cause a food shortage if we’re not careful.
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Other alternative energies consist of wind, solar, nuclear and natural gas. All of which we can produce and manufactured in our own backyard without the assistance of foreign countries.
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The problem is that with the price of oil falling to where it was in March 2007, it has made the idea of alternative energies less competitive. The credit crisis has also made it even harder to get the funding that is needed to expand on these ideas.
T.Boone Pickens plan of have a major wind farm built in Texas has been delayed because of the lack of financial lending.
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It now seems that President-elect Obama is getting on board with Mr Pickens and his ideas to free this country from the dependency of foreign oils. Word is spreading that within the next stimulus package, alternative energies will be added in.
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Out of the choices that were listed in this post, ethanol is the one that Obama is favoring the most. If that’s the case, ethanol stocks may be something that might interest you. I do not recommend any ethanol stocks because of what is going on with the industry. VeraSun Corp. (NASDAQ:VSE) has filed bankruptcy last week and it’s leading competitor Poet LLC, a private held company is looking to acquire them.

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T Boone Pickens Update

For those who believe in alternative energy and expect big things from the industry may have to hold on a little longer. Throughout this week T. Boone Pickens has been going around speaking at events as well as being interviewed on CNBC on Wednesday saying that because of the credit crunch, his big plans for huge wind farms will be delayed.
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The financing just isn’t there and with falling prices natural gas that are used in power plants as well as oil prices hitting levels that haven’t been seen in over a year and a half are making his projects less economical.
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As I’ve writen before here on this blog, Pickens started a campaign to help the U.S. reduce their need for foreign oil. The plan is for major investment in the wind energy and the conversion of natural gas for vehicles
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He has said that this is just a temporary setback due to the financing of the project. When he spoke with the New York Times he was quoted in saying. “When we were looking at the project, we felt like we could do it with 30 percent equity and 70 percent debt.” The 70 percent debt is where we’re having a little slowdown.”
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Mesa Power, a company that he founded was given the job to oversee the massive wind farm in Texas that would be able to power over 1.3 million homes. The company has placed the orders for the first phase of the project. A total of 667 turbines from General Electric will be able to generate 1,000 megawatts of electricity that will power more than 300,000 average homes.
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Originally that part of the project was to go online in early 2011.
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This is just part of what we’ll see for the next several months with the condition of the credit crisis. So buckle up, it’s going to be a bumpy ride.

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Sell-Off’s And Rallies


photo by petrick2008

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As we see with the way the stock market performed today, the sell-off kicks back into high gear. Investors are still concerned about the condition of the economy no matter who won the election.
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The rally that took place over the last week in alternative energy was erased today with the sell off. First Solar Inc. (NASDAQ:FSLR) which was up $70 in the past week gave back $24 (-13%) in today’s trading.
The rest of the sector did just as bad with Suntech Power Holdings (NYSE: STP) taking the biggest hit of almost 21%. Suntech was trading last week at $11 and gained almost 90% before today’s beat-down. The one stock in the sector that escaped the abuse of today was Biofuel Energy Corp (NASDAQ:BIOF) which gained just over 28%, take in mind though that this stock is a penny stock and gains like that are quite common.
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In the financial area of the stock market, the sector was another wash-out with nearly if not all of the stocks lost ground. Out of the ones that I really keep an eye on, the best performers still lost over 5%.
Federal Agricultural Mortgage Corp. (NYSE:AGM), a stock that I’ve talked about before here on this blog took the biggest hit, losing over 25%. Last week the stock traded as low as $2.85 (where I picked up 200 shares) and yesterday hit an intraday high of $8.40, a gain of almost 200% in just a few days.
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I’ve been saying it for some time now, but you need to be ready for when the stock market will turn (good or bad). If I didn’t sell out of AGM when I did, I would have lost some great gains. Don’t get me wrong, I did keep some shares (since I’m now trading with their money). When you get big gains like the one I just spoke about, you need to remember not to be greedy and SELL.
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*DISCLAIMER* At the time of this post Billy is long AGM and has no position in FSLR, BIOF and STP

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The Sign Of Things To Come

Now that the election is over we can get back to what is really important, getting the economy back on track. From the looks of things that went on in the first half hour, it doesn’t look like the markets took the news very well.
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As it turned out in California yesterday, the clean energy bill didn’t get the support it needed to get passed. Which in my eyes doesn’t look too good since California is usually the leading state when it comes to clean and green type technologies for their environment. The alternative energy sector is getting driven downward in the morning trading hours. As I stated yesterday in my post, It does look good for wind, solar, and other alternative/renewable energies with Obama winning the Presidency, but for right now the sector is taking a little dip. This just be the time to get into the stocks of you choice in this sector. Buy your positions in increments and on the dips.
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As for nuclear power, McCain was for it, but at the moment Obama stated that he would have alot to look at in regards to nuclear power being used in the U.S.
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What does the future for the financial sector? It’s believe that stability will be brought back to the financial industry, but remember that could be just a false sense of security. It was announced today that the Federal Reserve has appointed a new risk manager and if their choice doesn’t put a little worry in your head, then I don’t know what would. Their choice is Michael Alix, the former chief risk officer from Bear Stearns, that’s right the man who made the decision to have Bear Stearns take on all that risk that eventually destroyed them. The only thing that I could think of is that they hired him to tell them what not to do.
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Hnag in there and take profits where you can. Happy trading.

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Election Day And The Fate Of The Stock Market

I’ve been very busy today and that’s why this post is being done much later than I usually do. Between voting and listening to all the election news, it’s been been pretty hard to keep up with the stock market today. Don’t get me wrong, I’ve been able to follow the major stories in regards to the markets and I’m surprised to see that it was a good day for the three indices.
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The DOW and NASDAQ were both up over 3%, while the S&P 500 is up 4%. Considering that it’s election day with a lot of issues about our economic future, it was a great day in the markets. Some of the sectors did much better than others. Health care doing the worse of all of them. Consumer staples also didn’t fair as well as I would have thought with the DOW gaining 305 points.
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Alternative energy stocks did very good today and that comes after a great bounce for the sector in the last 5 trading days. Let’s look at the leader in that sector, First Solar (NASDAQ:FSLR) which was trading at $107 a week ago, had a intraday high of $178.60. There was a major move for the entire sector during that same period. Speculation is that the sector was oversold and it took awhile for investors to start taking a stake in the sector again.
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According to the experts, an Obama win in the election has already been calculated into the markets. The only thing that may become a problem for the markets is if the Democrats take control over in the Senate as well as Congress. If that does happen I would imagine that the markets will move downward throughout the rest of the week.
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The oil and gas sector did the best today as in regards to the sectors. Overall the sector gained over 6.5% today. As for the price of a barrel of oil gained over $6 closing over $70.

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