— This is the script of CNBC's news report for China's CCTV on January 27, Tuesday.
The historic blizzard bearing down on the East Coast will likely be bullish for energy and public utility firms, if the past is any guide.
Those energy-related stocks tended to outperform in the five trading days after four inches or more of snow fell within 24 hours in the New York City area, according to Kensho, a quantitative data analytics tool used by hedge funds.
The winter-fueled demand could also provide some relief for oil and gas exploration companies slammed by low oil prices.
A short-term energy and winter fuels outlook from the U.S. Energy Information Administration said "expenditures are expected to be lower this winter unless there is a repeat of last winter's cold weather." If temperatures are 10 percent colder than forecast, natural gas and electricity fuel bills will see an increase from last year of 6 and 2 percent, respectively. Heating oil and propane bills will pare losses.
Also, concerns about blackouts from wind gusts of possibly 65 miles per hour or ice may also help manufacturers of generators.
During Hurricane Sandy (October 22-31, 2012), Generac spiked nearly 33 percent, while Home Depot declined about 1 percent, and the S&P 500 fell 1.5 percent.
The New York Stock Exchange was closed for two days during that time.
This could be a coincidence, but perhaps people are stocking up on chocolate to ride the storm out. Hershey Foods outperformed in our Kensho study, with 86 percent trades positive and a median return of 2.6 percent.
Accordingly, the Kensho study showed that Delta Airlines had a negative median return of 1.5 percent, and traded negative about 60 percent of the time. Based in Atlanta, the company has a major operations hub at New York's JFK International Airport.
CNBC's Qian Chen, reporting from Singapore.
JANE WELLS SPACE RACE PKG
Remember the Space Race? Well it's back on.
But this time it is for the business of taking Astronauts to the International Space Station.
BOEING and SPACE-X are competing to build a manned capsule so America can stop paying the Russians to take people and supplies to space.
Jane Wells has more.
THE LATEST SPACE RACE DOESN'T PIT AMERICA AGAINST THE WORLD, IT PITS COMPANY AGAINST COMPANY. BOTH SPACEX AND BOEING ARE COMPETING TO BUILD A CAPSULE CAPABLE OF CARRYING AMERICAN ASTRONAUTS TO THE SPACE STATION, SO NASA CAN STOP PAYING THE RUSSIANS 70 MILLION DOLLARS A SEAT, AND INSTEAD PAY AROUND 58 MILLION.
[CHARLES BOLDEN / NASA ADMINISTRATOR] "I've said it over and over and over i don't ever ever want to have to write another check to rezcosmos."
BOTH BOEING AND SPACEX--FRENEMIES IF YOU WILL--JOINED NASA TO UNVEIL DETAILS OF THEIR PROGRESS ON BUILDING THE FIRST HUMAN SPACE TAXI SINCE THE SHUTTLE RETIRED.
[CHARLES BOLDEN / NASA ADMINISTRATOR] "You've heard both of them say they think they'll be flying by 2017, if we can make that date i'm a happy camper."
BOEING HAS GOTTEN THE LION'S SHARE OF DEVELOPMENT MONEY SO FAR, OVER FOUR BILLION DOLLARS. SPACEX HAS RECEIVED TWO POINT SIX BILLION.
STANDUP: HAVING TWO OPTIONS MAY SERVE NASA WELL, PROVIDING BACKUP IF ONE COMPANY HAS PROBLEMS...WHICH IS EXACTLY HAPPENED ON NASA'S CARGO CONTRACTS TO THE SPACE STATION, SPLIT BEWTEEN SPACEX AND ORBITAL SCIENCES...UNTIL ORBITAL SCIENCES SUFFERED A ROCKET EXPLOSION IN OCTOBER.
NASA HAS FARMED OUT SPACE STATION TRIPS TO THE PRIVATE SECTOR SO IT CAN FOCUS MORE OF ITS OWN MONEY ON GETTING TO MARS WITH PROGRAMS LIKE ORION.
BUT SPACEX ALSO WANTS TO GO TO MARS TO.
[GWYNNE SHOTWELL / PRESIDENT & COO, SPACEX] "I think it's going to take a village, frankly, to get to mars."
A HALF CENTURY AFTER APOLLO, SPENDING ON SPACE, BOTH PUBLIC AND PRIVATE, HAS GONE INTO A HIGHER ORBIT.
[JOHN ELBON / VP & GM, BOEING SPACE EXPLORATION] "Never before in the history of human spaceflight has there been so much going on all at once."
AND AS MUCH AS THESE TWO COMPANIES ARE RIVALS, THEY'RE ALSO PARTNERS. LATER THIS YEAR A NEW DOCKING UNIT WILL BE SHIPPED TO THE SPACE STATION...BUILT BY BOEING, DELIVERED BY SPACEX. I'M JANE WELLS, CNBC BUSINESS NEWS.