Lots of readers have asked if The Kelly Letter is snapping up bargains in the energy sector. I've found that most people divide the sector into two groups: traditional fossil fuels and alternative energy, the latter being considered solar and wind mostly, with occasional mentions of hydrogen and geothermal.
However, the best buy in the energy sector these days has nothing to do with any of that. It's alternative energy, alright, but not the kind that gets placard-carrying crowds excited.
Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
The Toronto Stock Exchange has fared much better in what has officially become a U....
No one can ignore the push in the United States and elsewhere across the globe to move away from a dependence on fossil fuels and into a more environmentally friendly, low carbon emission means of producing energy, and in particular electricity. Feeling this push, politicians are moving to formulate plans by which electricity can be produced in an environmentally sound manner.
Despite the recent advancements in clean coal technology, coal fired power plants are still targeted as public enemy number one by the environmental movement. The United States, however, is still very much dependent up
Cameco Corporation (CCJ) announced today it is joining a uranium enrichment business venture in the United States, which will extend the company's involvement in the front end of the nuclear fuel cycle beyond its current position as the world's largest uranium producer and a leading supplier of uranium conversion services. If you want a stake in nuclear, CCJ is a great position. Cameco has a hand in refining, fuel conversion and fabrication, power generation, and now enrichment.
It should get even better towards 2011 as Cigar Lake gets up and running. Cigar Lake, originally scheduled to ope
"Oil is setting the stage for a big rally in alternative energy," says Eric Roseman, resources expert and editor of Commodity Trend Alert. Here's a look at two stocks poised to benefit from this trend.
"A surging oil price is extremely bullish for alternative energy. Over the last 12 months, as oil prices have doubled, uranium and solar energy stocks have crashed.
"These sectors have declined because sub-prime has taken everything to the basement until recently - not because
"I believe the #1 rule for making money in the next decade is to get long whatever the Chinese are buying," says Tony Sagami in the Asia Stock Alert.
"China will need to consume an unprecedented amount of natural resources to fuel its red-hot economy," says the advisor who offers his speculations as to the most likely takeover candidates in three areas -- energy, metals and food.
"There's no doubt in my mind that China is on a buying spree. And I'm not just talking about oil, either. Fact is, the Chinese have a ravenous appetite for virtually all commodities.
Eric Roseman of The Commodity Trend Alert says, "I guarantee that we will see a major long-term rally develop in solar and uranium (again) as a consequence of $125, $150 or even $200 per barrel oil. By now, everyone should be long and strong CCJ and STP - no excuses." Full article can be read here http://www.thestockadvisors.com/content/view/2168/40/
The UAE is set to launch a nuclear program, becoming the first Arab state to go ahead with announced ambitions to develop nuclear power. If this is not a tell tale on the coming renaissance in nuclear power, I don't know what is. CCJ is a good play, or PKN for wide exposure via ETF.
The past few months have been very hard on the uranium mining industry's equity investors. <!--more--> Many uranium companies' shares are trading near 52-week lows after a handful of problems have crept up for many in the industry. Now that the market seems to have priced in the mining problems at a handful of companies, the fact that many drill results are going to take longer than expected to be examined, and the fact that some companies' treasuries were struck by the sub-prime CDOs which have ravaged many balance sheets, it appears that a bottom may have been reached.
2/25 - "I love buying great companies near the bottom of the barrel," says resources expert Eric Roseman, who has added Canadian-based Cameco Corp. (NYSE: CCJ) to his buy list.
The edtior of The Commodity Trend Alert explains, "Cameco, the world's largest uranium concern, is a gem, right in the middle of a long-term earnings boom amid high energy prices and a massive backlog of orders for its raw material used to feed nuclear reactors."
"I think uranium prices, which are down 45% from their highs of $136 last year, will recover. The trend for cleaner-burning fuels is a major secular trend...
3/31 - "Beijing is spending at least $40 billion on venues and related infrastructure, all with the goal of showing to the world a modern country that has grown into a political and economic powerhouse...an estimated 3.5 million visitors will be bringing their wallets to the games. More than 60 sponsors, some of which spent $100 million each just to be associated with the Beijing Olympics, also have opened up their checkbooks."
"A leading economy hotel chain such as Home Inns & Hotel Management Inc. (HMIN) stands to reap a tidy profit from the increased traffic that will be pouring through...
Gold, oil, most of the other precious metals, and the agricultural commodities continue to make new highs. Is this a bubble? I wish I knew the answer to that. I continue to remain bullish on commodities. There are two main scenarios for why commodities will trade higher regardless of how the U.S. economy proceeds.
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About Cameco Corp
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Once again it's ugly out there today. The Dow Jones Industrial Average dropped below 11,000 for the first time in two years, plunging over 2%. The rest of the U.S. stocks are not far behind with both the Nasdaq composite and the S&P 500 down over 2% as well. It's depressing. But you don't have to look far to see a nicer picture, you just have to look up: up north that is.
"I believe the #1 rule for making money in the next decade is to get long whatever the Chinese are buying," says 
