Jury Still Out On Obama’s Effect On Solar ETFs

New York London GMT Tokyo Singapore

Jury Still Out On Obama’s Effect On Solar ETFs

By Tom Lydon on November 10, 2008 | More Posts By Tom Lydon | Author's Website

It’s eagerly anticipated that solar exchange traded funds (ETFs) and the industry at large will get a boost from Obama’s election last week as president.

However, some are cautioning that while there might be euphoria over the prospects for alternative energy, it could be short-lived, reports Index Universe staff. In the meantime, though, all this talk has raised the profile of alternative energy ETFs, and that’s never a bad thing.

These funds will be interesting to watch in the coming months as the new administration and its priorities take some real shape.

Claymore/MAC Global Solar Energy (TAN): Rose 13% the day of the elections; down 21% since then.

Solar ETFs

Market Vectors Solar Energy (KWT): Rose 15.6% the day of the elections; down 22.4% since then.

Solar ETFs

Check Out These Related Posts:

Posted in Categories: Contributor, ETFs, Energy, External Research, Stocks.

If you like this article please...

Subscribe by RSS Subscribe by Email

Email This Post To A Friend

Recent News:

Bay Street Stocks Rise Slightly, Finish Week Lower - Canadian Commentary - 2 days ago
Mining Stocks Lead TSX Mildly Higher - Canadian Commentary - 2 days ago
European Markets Fall On Weak Eurozone Retail Sales Data, Miners - European Commentary - 2 days ago
Turkey June Consumer Price Inflation Up, Producer Prices Drop - 2 days ago
Toronto Stocks Move Slightly Higher Amid Light Trading - Canadian Commentary - 2 days ago

Opinions From Our Contributors

Commodities Commodity Night Cap: Precious Metals, Grains, Crude Oil Fall On Poor Employment Numbers Oil Prices Plummet Nearly 4% On Bigger-Than-Expected U.S. Job Cuts 4 Reasons To Take A Look At Silver ETFs Natural Gas To Europe - The Great Game 2009 Indian Sensex Up 13.02 Points As Economic Survey Fails To Enthuse Commodity Night Cap: Gold, Silver, Industrial Metals And Oil Rally Strongly Reasons Gold And Silver Could Be Scorching This Summer Commodity Night Cap: Grains, Oil, Natural Gas, Gold All Fall Crude Sinks Following Disappointing Consumer Confidence Number Gold At Important Long Term Level Read More »	Financials Tesco Begged To Shaft Taxpayers By Brown Big Paychecks Back On Wall Street Uncle Sam Just Winked At Citi’s Credit Card Rate Increase The Looming Mc(Mansion) Attack What Companies Will Be Affected By Continuing Job Losses? Option Trader Takes Put Insurance On Consumer Staples ETF Washington Federal Continues To Pay Dividends Company News: Microsoft’s Bing Gains Market Share, Yum! Brands Upgraded To Buy News Briefs: Ten More Charged In Madoff Case, AIG Gets New Board US Markets Rebound Slightly In After Hours Trading Read More »	Exchange Traded Funds ETFs That May Be Affected By Clean Energy Bill Understanding Leveraged ETFs Signs That The ETF Industry Continues To Shift Why Coal ETFs Have Something To Smile About High Yields With Low Risk – Is It Possible With ETFs? The Case For Investing In Water ETFs Bullish Vibes Radiate From Energy Fund 3 Single-Country ETFs You’re Not Hearing About Midday Market Update: Wall Street Ignites On Economic Data Home Price ETF Has Begun Trading Read More »
Stocks Expected Next 30-Day Volatility Is Still Well Above The Non-Crisis Level Hotel Metrics Down, Others Finally Catching On Hitachi Expanding Hybrid Cap Interesting Week Leading Up To Independence Day How To Trade The UK Employment Myth Head And Shoulders: A Parody Indian Markets Up 254.56 Points As Sparing Freight And Passenger Fares Cheer The Markets A Look At How Markets Might Move This Next Quarter Petrobras Banks On Gov’t Support Head And Shoulders And Divergences On Daily S&P 500 Read More »	Forex GBP/USD Breaks Trendline Support Giving A Potential Bearish Clue GBP/USD Breaks Below Daily Moving Average U.S. Dollar Sharply Higher On Unfavorable Payroll Report Will The Budget Deficit Strengthen The US Dollar? Forex Pin Bars: Hammers And Shooting Stars EUR/USD Remains Pressured As Europe/London Head Home Australian Dollar: Bullish Bias Above 1215 Canadian Dollar: The Bias Remains Bullish U.S. Employment Report Creates More Waves EUR/USD Reverses From Our 3rd Tier Downtrend Line Read More »	Economy America: Decline Or Revival? A Clear Picture On The US Debt Situation Your Summer Housing Market Update Is Unemployment Understated? Questions And Answers On California’s IOUs In A Market Collapse, You Want Your Portfolio To Be Focused On Brazil Or Germany, And Not Hong Kong! It’s Doctors And Politics, Not The Market, That Control The Supply Of Doctors Another Ugly Jobs Report Management Strategies For A Jobless Recovery US Job Picture Weaker Than Expected Read More »