April 2nd 2011
Top Ten Cleantech Cities Around The Globe
As cleantech continues to make its mark around the globe, there are certain cities that are coming out as leaders in the global clean technology industry. These cities provide warm atmosphere for cleantech to expand and enable more to use renewable energy and energy efficient products. Provided here is a list of the top cities that are working to make an impact in the cleantech sector.
1) Copenhagen, Denmark. Copenhagen has made it public that by 2025, they want to be the first carbon-neutral capital. This goal is doable based on Copenhagen’s long-standing tradition of research, development, and investment in clean technologies. It is home to the Copenhagen Cleantech Cluster, one of the largest global clusters dedicated to providing necessary business conditions to aid in cleantech research, development and implementation, the “Sundial,” which is the first fully-carbon neutral building in Denmark, and the International Solid Waste Association. There
Tags: Globe
The Japanese Index (EWJ) may act as a leading indicator for our stock market being that Japan is in the news and is being watched closely by investors and traders around the world. If you look at the above daily chart of EWJ, you will notice over the past 6 days while our stock market (green line) has been moving higher, the Japan Index has been trending lower. In my opinion this is not only bearish for EWJ but may have negative implications for our market as well.
As you know I’ve been somewhat bearish on the stock market (short term) and since my last post the market has subsequently sold off. The stock market is now bouncing and in my opinion is at a low risk selling area. If you look at the above daily chart of the S&P500, you will notice that we are now at the top of a down sloping channel which also coincides with resistance from about 14 days ago. Notice the declining volume on the current bounce in the market. I’m looking for a retest of last week’s low and I feel this is a low risk shoritng opportunity with a protective stop right above the the top of the channel.