Senin, 28 Februari 2022

As EVs Jockey for Position, a Bigger Renewable Energy Story Brews

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As EVs Jockey for Position, a Bigger Renewable Energy Story Brews

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Adam O'Dell,
Chief Investment Strategist

The Super Bowl was fantastic this year. For all the hype surrounding America’s most celebrated annual sporting event, the game isn’t always close. It was refreshing to see a real nail-biter for once!

Even so, as an investor, I had my eye on a more compelling trend.

The Super Bowl isn’t just football. It’s the biggest day of the year for TV commercials. Sometimes the advertisements are the real stars of the show.

And speaking of ads, there were seven commercials for electric vehicles (EVs) during this year’s big game. That’s more than 10% of the total advertising spots.

For perspective, there were only six commercials for beer or other alcoholic beverages … during a football game.

Now, we don’t need to read too much into TV commercials at a sporting event. But there is a major takeaway here.

The auto industry is betting big on EVs.

A bigger story is brewing in the renewable energy space.

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Earnings Edge

Watch 2 Critical Earnings Reports This Week (ACAD & SIBN Analysis)

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Chad Shoop,
Editor

We could talk about last week’s slate of storylines for months.

But let’s be honest. Earnings are at the heart of any move in the market.

If stocks sink, it’s because the fundamentals of a company changed.

And two stocks are due for big moves this week.

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The Gold Story No One's Telling

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Chart of the Day
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Michael Carr,
Editor

How Will Russia-Ukraine Shake Out in Markets? Follow the Traders

Russia’s invasion of Ukraine sent global markets into chaos.

The Russia Trading System index, a benchmark index consisting of 50 of the most actively traded Russian stocks on the Moscow Exchange, fell more than 50% since last week.

It dropped 38% the day of the invasion and rallied 32% in after-hours trading the next evening.

Other markets show similar patterns of extreme volatility. (See the 9% spike in crude oil futures below.)

Click here to see if traders are actually worried.

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1953: In a Cambridge University laboratory, scientists James D. Watson and Francis H.C. Crick discovered the double-helix structure of DNA.


   


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