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Business/Finance See other Business/Finance Articles Title: Weather Works Wonders for Select Investments; Will it Persist? Weather Works Wonders for Select Investments; Will it Persist? Mike Larson | Tuesday, December 29, 2015 at 4:20 pm It’s all about the weather … at least for select investments. Get a load of beaten-down natural gas, for instance. Futures prices surged by almost 10% on Monday alone. The fuel is now up by almost 30% in only six days, one of the fastest blink-of-an-eye bull markets I have ever seen. Granted, that came off a low base. Nat gas just sank to its lowest since 1999, after all. But for investors in this beaten-down commodity, they’ll take what they can get. Industry execs and workers could also use a break, considering the nat-gas-drilling rig count just sank to the lowest level ever in 28 years of record-keeping. The chillier temperatures we’re seeing could also give retailers a break. They’ve been lugging tons of cold weather inventory and have been forced to discount like mad during the holiday shopping season. Anything that allows them to reduce post-Christmas clearance discounts will be welcomed. Airlines weren’t loving the latest bout of rain, sleet, snow and high winds, though. Major airport hubs like Dallas and Chicago got socked, forcing 2,750 flight cancellations and 4,500 delays yesterday, according to FlightAware. I guess I should consider myself lucky as I won’t be on my way to Chi-Town until Thursday! Stormy weather has meant good times for some business sectors. Can it continue? The question going forward is whether the weather will continue to cooperate with these kinds of investments. Some forecast models suggest January will provide a bit of relief to those hungering for a real winter. But with the strong climatologic influence known as El Nino still raging, above-normal temperatures are generally expected to persist for the northern part of the country through the spring. So enjoy the cold if you’re making snowmen. But don’t go out and load up on energy stocks, retailers or companies that own ski resorts expecting a banner winter from here on out. Instead, pick and choose your spots and make sure you’re investing in companies that have more going for them than a few days of freezing temps. What do you think of the latest weather? Welcome relief or a major headache? Are there companies you’re considering investing in given the latest pattern shifts? Have you ever done so in the past when we’ve seen significant weather events? Or do you stay focused on other factors when it comes to buying and selling stocks? Hit up the comment section below and have at it! Poster Comment: I think it's been cold as a witch's teat. But at least it's not below zero. Been thru that stuff up north, and it's no fun. Even the trucks don't want to run. ;) Post Comment Private Reply Ignore Thread
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