Bill6

Sign of the Times: Ethanol Boom Goes Bust, Utilities, Energy and Consumer Staples Hit Hard

Hey Jessica, you failed to mention that all of these stocks have only seen these considerable swings in conjunction with the downturn of the rest of the economy. In fact, if you look at VSE, AVR, and PEIX the day of and day after the rest of the economy went bust, all of these stocks considerably overperformed relative to the DOW, S + P and NASDAQ averages. Currently they are falling with the price of gas, but this is another commodities bounce and these stocks will be up again by election time. The important number is the crush spread, which is very good right now because of the fall in corn prices relative to the price of ethanol. Hardly a "bust." Disclosure? Short?