Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

We'll Tell You When It's Time to Tap Tesla

A week ago today, in a strategy story aimed at helping you survive and thrive in today’s whipsaw markets, Chief Investment Strategist Keith Fitz-Gerald told us to put Tesla Motors Inc. (Nasdaq: TSLA) on our “watch lists” for a likely future purchase.

“BP, Tesla is a definite ‘shopping list’ stock,” Keith told me back then. “We’ve been nibbling at it here, and have played it successfully several times. But it’s not yet at the point where I’m ready to jump all the way in. I think my rationale behind Tesla remains upbeat. I mean, you’ve got a real winning combination here – a disruptive sales model, a CEO who’s the most innovative guy on the planet, all the capital in the world that can be brought to bear. I don’t give a rat’s [tail] that New Jersey won’t let the company sell its cars there. There are much bigger opportunities. Wait ’til you see what the company does with China.”

Sometimes I think Keith has a “crystal ball” in his hip pocket…

  • keystone pipeline capacity

  • Will Environmentalists Kill the Keystone XL Pipeline?

    For more than four years, the controversial Keystone XL pipeline has been at the center of a heated battle between opponents and supporters.

    Those who favor the 1,700-mile extension of the pipeline see it as a step toward North American energy independence and a source of tens of thousands of jobs.

    To continue reading, please click here...

    Read More...
  • Will John Kerry Kill the Keystone XL Pipeline? Energy pipeline small

    When new U.S. Secretary of State John Kerry met Friday with Canadian Foreign Minister John Baird in Washington, the talk turned to the fate of the controversial Keystone XL pipeline.

    Kerry said the controversial $7 billion Keystone XL pipeline project would undergo a "fair and transparent review," adding he expects to make a decision "near-term" on whether to move forward with it. The State Department has final say over the pipeline because it traverses international borders.

    To continue reading, please click here...

    Read More...
  • The Ultimate Fate of the Keystone Pipeline The Obama Administration last week decided not to approve the Keystone XL pipeline.

    This has introduced another political firestorm into an already uncertain market.

    If there is one subject that is likely to stimulate more angst over economic recovery prospects, it is the availability of energy.

    To continue reading, please click here...

    Read More...