So far in 2013, commodity markets have had a troublesome year, with many analysts speculating that the epic commodity boom seen in recent years is finally over. On the equity side, however, major commodity producers have benefited from this year’s bull run, logging in double- and triple-digit gains. Oil and gas producers in particular continue to come out on top, while precious and industrial metal miners struggle to stay out of the red. But on this Thanksgiving Day, it is perhaps most appropriate for us to reflect on those commodity producers we’re particularly grateful for [for more commodity news and analysis subscribe to our free newsletter].
As we enter the latter part of earnings season, investors and analysts have had plenty of major reports to digest. Thus far, it seems to have been a mixed bag of results with a number of high-profile beats and misses. Reports from commodity firms have been especially under scrutiny as many worry that China’s plateauing growth will send commodity prices into the gutter. Below, we outline some of the biggest commodity firms reporting earnings this week [for more commodity news and analysis subscribe to our free newsletter].
As the years go on, more and more people are looking at alternative energy to be the wave of the future. While fossil fuels have long dominated the global energy space, the past few decades have seen major strides to bring other methods to the forefront. Solar energy has been among the most popular, as the industry has harnessed the sun’s power, utilizing photovoltaic modules that seem to get more efficient by the year. And now, the Japanese government is encouraging domestic businesses to ramp up their use of this renewable resource [for more solar news and analysis subscribe to our free newsletter].
Solar energy has been an investing nightmare since the financial crisis. Due to the failure of Solyndra, and the lack of subsidies as the government instead focuses on the failing economy, the solar industry has been burned. In 2011, solar was down over 60% and down another 30% in 2012, but this year First Solar may have finally turned things around for this dying industry [for more alternative energy news and analysis subscribe to our free newsletter].
The bull train has hit a few bumps in recent trading sessions as a wave of European woes over the weekend has prompted some to take profit. Nonetheless, “buying on the dip” remains a dominant theme on Wall Street as bullish pressures continue to reign supreme on the equity front [for more market news and analysis subscribe to our free newsletter]. With most equities either sitting at or headed towards new highs, many are faced with the tough decision of waiting to pull the sell trigger in an effort to maximize profit without getting burned by the impending correction. Luckily, the investable universe is wide and not every security has taken advantage of the bull run on Wall Street. Green-energy bellwether First Solar (FSLR) presents an intriguing opportunity at the moment that warrants a closer look from contrarian investors looking to get a piece of the action on Wall Street.
Alternative energy had another poor year, as these investments seem to fall by the wayside compared to fossil fuels. Though many agree that we need to shift our current energy consumption, it looks like new technologies are giving way to a natural gas revolution rather than an alternative energy revolution. Luckily for proponents of green technology, Barack Obama secured another four years in the White House, and he has been generally outspoken on his approval of these energy sources [for more alternative energy news and analysis subscribe to our free newsletter].
Alternative energy has been a hot topic in recent years, as it has been heavily debated in both the political and investing world. Some feel that America’s energy independence relies on the expanded use of alternative sources, while others disagree with that sentiment. Either way, alternative energy investing has surged in popularity in recent years as many have added long term exposure to their portfolios in hopes of this asset class growing as a whole. But investing in green energy can be a tall order, as there are numerous companies that offer dozens of different clean energy solutions [for more alternative energy news and analysis subscribe to our free newsletter].
Although solar energy is not a traditional commodity, its presence in the financial world has grown over the years. Solar energy is simply the process of capturing energy emitted by the sun and converting it to a usable form of electricity or other power. Historically, this alternative source of energy has not accounted for any significant portion of the global energy market. Some experts, however, believe that there lies significant potential for the future of solar energy, which could have serious impacts on numerous commodities [for more solar energy news and analysis subscribe to our free newsletter].
Amid all of the talks and discussions on alternative energy by the Presidential candidates, one solar company has announced its plans for an IPO. Founded in 2006, SolarCity provides energy to both homeowners as well as businesses as it finances and installs photovoltaic for its customers. The firm also performs energy audits and builds charging stations for electric cars [for more solar energy news and analysis subscribe to our free newsletter].