No special chart here just an idea.
My simple brain is thinking that owning these three (ICLN, QCLN and PBW) would be like having your own ETF within an ETF with major funding behind them.
Here's my introspection:
I've been researching how government policies affect the markets. It gets pretty deep but recently I've noticed the copious amount of "green deal" spending that is automatically inserted into EVERY major bill from DC regardless of having anything to do with green energy or not. I would like to think, maybe even assume, all that funding is going to grow the clean energy sector no matter what. Right, maybe? If so, could this be a general way to profit from that?
I'm more of a patient long-term investor so rather than making a ton of risky bets on single stocks like PLUG, BLNK, SPWR, FCEL, etc, what about holding these three for the long haul? Of course having some "safe fun" with short trades along the way isn't out of the question, in fact I plan on doing so but the lion-share of my investment will be long.
Any thoughts?
My simple brain is thinking that owning these three (ICLN, QCLN and PBW) would be like having your own ETF within an ETF with major funding behind them.
Here's my introspection:
I've been researching how government policies affect the markets. It gets pretty deep but recently I've noticed the copious amount of "green deal" spending that is automatically inserted into EVERY major bill from DC regardless of having anything to do with green energy or not. I would like to think, maybe even assume, all that funding is going to grow the clean energy sector no matter what. Right, maybe? If so, could this be a general way to profit from that?
I'm more of a patient long-term investor so rather than making a ton of risky bets on single stocks like PLUG, BLNK, SPWR, FCEL, etc, what about holding these three for the long haul? Of course having some "safe fun" with short trades along the way isn't out of the question, in fact I plan on doing so but the lion-share of my investment will be long.
Any thoughts?