Making money from Hurricane Sandy

Quote from uexkuell:

Any ideas why crude isn't going up after the storm?

You are nice , Superstrom can not blown away crude of humans. Much of traders try to get huge profit in this time. This time every one should help to refugees.
 
Quote from uexkuell:

Any ideas why crude isn't going up after the storm?

first of all the why doesn't matter - your clearing firm pays you on price alone

with that being said here are a couple of explanations...

1. demand destruction (refineries closed, airlines grounded, no one traveling via car to work, etc)

2. supplies at/near historic highs

3. continued slow econ growth, europe worries, blah blah blah
 
Quote from michael45:

You are nice , Superstrom can not blown away crude of humans. Much of traders try to get huge profit in this time. This time every one should help to refugees.

nonsense.
 
Quote from joshcohen:

What stock recommendations are there to make money if the hurricane floods the east coast?

Josh
7 million homes were without electricity for 4 days in New York. The profits of power companies will fall.
 
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