Thursday, April 17, 2008

Coal

djuscl.png

kol.png

Coal itself is starting to turn up. The ETF is a bit thin for my tastes (less than 300k avg daily volume), but there are a lot of coal stocks acting well.

  • JRCC broke out of a bull flag today
  • WLT is on fire, like usual
  • FDG closed at an all time high
  • BTU, CNX, and MEE have started to work their way higher
  • ACI is gearing up to move higher

aci.png

Do be careful with coal stocks & possibly even trade smaller share size, as they can be somewhat erratic/choppy.

0 comments:

Newer Post Older Post Home