The Electric Car Will Usher in Smart Grid 2.0
By John Addison The electric car will facilitate the smart grid and a renewable energy charging infrastructure. The electric car will help make the smart grid relevant to consumers. Right now most cars use inefficient engines fueled with gasoline or diesel. In the coming decades, many cars will use electricity. With a smart grid, renewable energy will do much of the charging.Complete Story » seekingalpha.com |
How Safety Problems Savaged Toyota Shareholders
The Business Insider submits: When NYSE Euronext opened up for business January 4th, 2010, $84.86 was the going rate for a share of Toyota Motor Corp. (TM) stock.Today? $72.11 and dropping by the minute. Toyota's massive screw up with its acceleration pedals and a new problem with the Toyota Prius' electrical system has prompted Transportation Secretary LaHood to state: Stop driving your Toyota NOW!Complete Story » seekingalpha.com |
A Small Silver Lining to the Gulf Spill
Old Trader submits:While there's little question that the Gulf oil spill will, in all likelihood, go onto the Top 10 list of enviromental disasters, there may well be a silver lining for some investors.Those who hold tanker stocks in their portfolio might well benefit according an article on Bloomberg.com. Quoting Jens Martin Jensen, CEO of Frontline's management unit, there's a very good possibilty that rules banning single hull tankers may be tightened.Complete Story » seekingalpha.com |
Corrections
Correction of January 15 article about logistical problems at Haiti's Port-au-Prince airport that threatened to delay rescue workers and supplies from reaching earthquake victims query.nytimes.com |
Upward Momentum in Transportation Is a Good Sign for Markets
Brian Rezny submits: Take the good with the bad. The bad is that durable goods orders declined 3.3% last month…and transportation equipment orders fell 5.2%, according to the Commerce Department. But the good is that the drop in transportation was driven by defense aircraft and parts, and unfilled orders for transportation equipment increased by $3.7 billion (.8%) to $484.2 billion...the second consecutive monthly increase.But that came after a hallmark earlier this month, when the Dow Theory gave the markets a bullish signal a few weeks ago. According to the theory, if transports take what industrials make then it's good news for the markets as a whole. And in the first week of November, both the Dow Jones Industrial Average and the Dow Jones Transportation Average closed above their spring highs (and a two-year high for the Transportation Average…and about 10% off its all-time high).Complete Story » seekingalpha.com |