Morning Sankey 1/7/21

By Paul Sankey Published on January 7, 2021 at 8:23 AM

We always thought that Donald Trump would be massively disruptive, but that the genius US government system would survive the test, and boy did we get that in spades! The “Duck Dynasty Coup” was very reminiscent of the “They will Bomb Iran!” counter-question, which was “What will they do on Day 2?” It was always a brilliant counterpoint to a syndrome that horribly played out in Iraq. While George W Bush declared “Mission Accomplished”, there […]

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Mornin’ Changin’

By Paul Sankey Published on December 16, 2020 at 9:02 AM

Washington DC vs Wall St. Renewables stocks are ripping on word of early progress on both energy and infrastructure bills in Washington DC. Clients are talking Sunrun and all solar, $TAN the solar ETF. Daqo New Energy the Chinese silicon/solar play is almost off the chart in the past 5 days – +35%. (see below) There has been a huge move in Enphase Energy $ENPH past week, as well as $SPWR, $NOVA, $SEDG and Canadian […]

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Morning DC

By Paul Sankey Published on December 11, 2020 at 8:42 AM

Gyms should be allowed to stay open during COVID. The constitution guarantees freedom of the press. Who is Irish and stays out all night? Patty O’Furniture What is Beethoven’s favorite fruit? Ba-na-na-naaaa Further to our bullish refining commentary yesterday on net operating losses (NOLs) carry-forward for refiners, and E&Ps for that matter, meaning that companies will pay little or no income tax through 2021 and beyond, a client notes that “the CARES Act allow refiners […]

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