US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 As part of New York’s Reforming the Energy Vision (REV) strategy, $160 million in funding is being made available to support public-private sector partnerships in clean energy projects. Funding will be administered competitively. The funding will support significant private investment in renewable energy sources such as wind farms, fuel cells, biomass facilities, renewable biogas and […]
Equities and the Economy Good morning and happy National Scrabble Day. It was a nice day for your portfolio on Friday with the Dow logging a hefty 99 points gain (0.55%) closing at 18,058, the S&P 500 rose 11 (0.50%) to 2,102 and the Nasdaq climbing 22 (0.4%) to 4,996. Note the Dow is once […]
Just five years ago support for nuclear power reached 62%, buoyed by announcements that the United States would construct two new facilities after a three-decade hiatus. But a new poll from Gallup shows support has plunged, largely in the wake of Japan’s Fukushima disaster but also as renewable energy sources have become more prominent and […]
Equities and the Economy Good morning and happy National Sibling Day. U.S. equities ended a choppy session yesterday with modest gains helped by a rally in energy and the healthcare sectors. Trading was tight ranged with the Dow closing up 56 at 17,958, the S&P 500 adding 9 to 2,091 and the Nasdaq closing 24 […]
A power outage that left 28,000 customers in the District of Columbia and Maryland in the dark also sent real-time prices higher, Platts reported. The locational marginal price for BGE exceeded $500/MWh, and Pepco prices reached approximately $400/MWh. According to a statement from the Washington, D.C., office of the mayor, the outage “was the result […]
Equities and the Economy Good morning. U.S. stocks have been meandering the last couple of days closing slightly down on Tuesday (although the price action on that day was terrible) and closing slightly up yesterday. As Richard Dawson used to say “Survey Says” Dow up 27 to 17,903, S&P 500 up 6 to 2,082 and […]
Equities and the Economy Good morning. For over 80% of the day things were looking pretty darn good with the Dow up an average of 80 points for that time frame. And then the bottom just fell out. There was no major news. Sellers just came in. So instead of a nice, descent up day […]
Equities and the Economy Good morning. The market had time to digest the lousy Labor Department’s Employment Situation Report from Friday and after selling futures all weekend and into the open investors came to realize the bad news is once again good news. As I mentioned in yesterday’s morning Report, the jobs report means the […]
Equities and the Economy Good morning. U.S. stocks finished the Easter shortened week on a marginally positive note breaking two sessions of material losses. The Dow closed up 65 points at 17,763 and both the S&P 500 and Nasdaq added 7 points with the former ending at 2,067 and the latter 4,887. Now you may […]
Equities and the Economy Good morning. U.S. stocks closed lower for the second consecutive day yesterday with the Dow falling 78 to 17,698, the S&P 500 losing 8 to 2,060 and the Nasdaq closing down 21 to 4,880. The impetus for the decline was clearly fundamental. Yesterday ADP released its private sector payrolls report which […]
