GO
Loading...

Election Energy Bets

Thursday, 28 Oct 2010 | 5:45 PM ET
Trade the Vote
Some energy bets pre-election, with Benjamin Salisbury, FBR Capital Markets analyst.

With the midterm elections days away, could a Republican majority in Congress change the nation’s energy agenda?

In the event that Republicans stage a surprise upset and win both the House and Senate, Benjamin Salisbury of FBR sees a slew of possible developments that could impact they way you trade.

Here’s what he suggests watching:

- GOP more like to support coal, nuclear energy, ethanol...
- Republicans could prevent EPA from enforcing regulations...
- Biofuel-friendly Sen. Grassley (R-IA) could chair Senate Finance Committee
- Coal allies McConnell, Inhofe, Burr could gain senate leadership positions

It's a conversation that no investor should miss. Watch the video now!


______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On Oct. 28, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour owns (AAPL), (BAC), (STD), (PBR), (POT); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Terranova owns (APA), (AAPL), (AXP), (C), (GOOG), (GS), (ISRG), (JPM), (ORCL), (PCP), (PEP), (PFE), (UPL), (VRTS), (XBI); Cortes owns (K); Cortes owns (TSN); Cortes is short crude oil; Cortes is short gold; Cortes is short (AAPL); Cortes is short (RSX); Cortes owns the S&P 500

For Gary Kaminsky
***No Disclosures**

For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners own more than 1% of (ABAX)
Virtus Investment Partners own more than 1% of (ALK)
Virtus Investment Partners own more than 1% of (AMKR)
Virtus Investment Partners own more than 1% of (CASS)
Virtus Investment Partners own more than 1% of (CSVI)
Virtus Investment Partners own more than 1% of (IGE)
Virtus Investment Partners own more than 1% of (LDR)
Virtus Investment Partners own more than 1% of (LPHI)
Virtus Investment Partners own more than 1% of (MGRC)
Virtus Investment Partners own more than 1% of (NRCI)
Virtus Investment Partners own more than 1% of (DBV)
Virtus Investment Partners own more than 1% of (XLB)
Virtus Investment Partners own more than 1% of (XLP)
Virtus Investment Partners own more than 1% of (XLY)
Virtus Investment Partners own more than 1% of (XLF)
Virtus Investment Partners own more than 1% of (XLI)
Virtus Investment Partners own more than 1% of (XLU)
Virtus Investment Partners own more than 1% of (SUBK)
Virtus Investment Partners own more than 1% of (WDFC)
Virtus Investment Partners own more than 1% of (YDNT)
Virtus Investment Partners own more than 1% of (DRYS)

For David Maris
***No Disclosures**

For Benjamin Salisbury
FBR has managed a (MEE) public offering and received compensation for investment banking services from the company in the past 12 months.
FBR makes a market in (MEE)
A member of Salisbury’s team owns shares of (RIG)
FBR makes a market in (RIG)
FBR makes a market in (URS)
FBR makes a market in (ROSE)
FBR makes a market in (PCX)

For Brian Stutland
Stutland Equities is long (TLT), short calls
Stutland Equities is long U.S. Treasuries

CNBC.com with wires.

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report