Sniffing Obama Win, First Solar Scorches Shorts But Coal Miners Also Jump
- Wednesday, November 7, 2012, 12:01
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If you want a fairly reliable sector play as a proxy for President Barack Obama winning a second term, one of the brightest picks is solar. With the election still far from being decided Tuesday afternoon, it appears that investors were speculating on the president prevailing over Gov. Mitt Romney, as the Guggenheim Solar ETF (TAN) gained 2.2%.
http://www.forbes.com/sites/johndobosz/2012/11/06/sniffing-obama-win-first-solar-scorches-shorts-but-coal-miners-also-jump/