Thursday, January 28, 2010

President Obama "Cleans" up in State of the Union Speech (FAN; PBW; TAN)

UPDATE: A reader points out that Al Gore's favorite carbon trader, Camco (CAO.L) is down 9.37%.
Original post:
A quick search of the transcript of the President's speech shows 10 uses of the term "clean energy"and one each of "clean nuclear" and "clean coal"

The President used the terms "climate change" once and "energy and climate bill" once.
There was no mention of "global warming".
There was no mention of the phrase "cap-and-trade".

Here's the transcript at the New York Times.

The PowerShares WilderHill Clean Energy ETF (PBW) is down 2.69%.
The Claymore/MAC Global Solar Energy ETF (TAN) is down 1.33%.
The First Trust Global Wind Energy ETF (FAN) is down 2.41%.
The Nasdaq and S&P 500 indexes are down 2.28% and 1.56%, respectively