Solar and Oil in Play Ahead of Obama’s Address to the Nation
I’m having deja vu from when Obama first took office. Every speech was a trading event.
Tonight, President Obama will address the nation in an attempt to restore the public’s confidence in our energy policy and … oh yeah, that little BP (NYSE: BP) oil spill in the Gulf. Rather than worry about the nonsensical rhetoric which will obviously diverge greatly from the reality of fossil fuel risks and immature alternative energies, let’s just look at some cool charts which may be of interest for the rest of today and tomorrow after the speech hits the print media:
BP Takes a Spill
First Solar (Nasdaq: FSLR) Trying to Gain Footing
JA Solar (Nasdaq: JASO) Trying to Rise Over the Horizon
Transocean (NYSE: RIG) Stumbling Out of the Explosion