The latest forecasts expect Hurricane Sandy to hit a wide portion of the East Coast as early as Sunday afternoon. According to the Wall Street Journal, this could be the most destructive Hurricane in recorded history.
A NOAA analysis ranks #Sandy’s wave/surge destructiveness at 5.7 on a 6.0 scale. I have never seen a value that high. aoml.noaa.gov/hrd/Storm_page…
— Eric Holthaus (@WSJweather) October 28, 2012This Top Energy And Infrastructure Fund Is Bullish On U.S. Utilities
The Electron Global Fund was up 2% for September, bringing its third-quarter return to -1.7% and its year-to-date return to 8.5%. Meanwhile, the MSCI World Utilities Index was down 7.2% for September, 1.7% for the third quarter and 3.3% year to date. The S&P 500 was down 4.8% for September, up 0.2% for the third Read More
Many members of our staff live in the regions which will get hit by Sandy. We do not know if the Stock market will be open Monday. Therefore, there is a chance we will be closed Monday. Additionally, we may have limited reporting other days if the storm is as bad as many forecast. However, we hope to be open on Monday as well as the rest of the week.
Everyone in the region should keep safe. And if you live in New Jersey, as I do, you should watch this message from our Governor (its from a while ago but still applicable ).