Coal Stocks Firing Up

Source: Barron's, Michael Kahn (3/28/11)

"Technical conditions in coal sector reveal outlook remains bullish."

There is no denying that the price trends are up for just about all forms of energy. While the performances of solar and wind energy stocks have been nothing short of phenomenal this month, coal stocks have quietly hit new highs.

Coal stocks, represented by the Market Vectors Coal ETF (KOL), an exchange traded fund comprised of coal mining and equipment companies, have been in a bull trend for more than two years. After a volatile correction early last year, the ETF has been wearing its rally cap since May (see chart).

Last week, many of its component stocks reached fresh new highs and levels not seen for nearly two and one half years.

The sector was stoked after news of the damage to the Japanese nuclear reactor. On March 16, several days after the disaster, the buying surge was huge in terms of both price and volume. That was a technical positive.

The price of coal is benefiting from energy users who are seeking freedom from high oil prices. Based on the technical conditions in the sector, the outlook remains bullish.

'Breaking Up Can Be Good for You': Money Manager Offers Updates from Five Resource Companies
Source: Adrian Day for Streetwise Reports (10/21/2020)

Money manager Adrian Day reviews major developments at two companies, which he believes "should be very beneficial," and updates developments at several juniors, noting "some very strong buys."

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

'Strong Finish' to 2019 for Miner, 'Dividend Beat Expectation'
Source: Streetwise Reports (02/27/2020)

Last year's performance by Glencore International is summarized in a BMO Capital Markets report.

Diversified Miner Must Accelerate Q4/18 Production to Achieve Guidance
Source: Streetwise Reports (10/31/2018)

A BMO Capital Markets report reviewed this multinational company's Q3/18 numbers and Q4/18 outlook.

How Investors at the California Capital Conference Picked the Next Top Small-Cap Companies
Source: Staff of The Gold Report (12/07/2015)

The California Capital Conference brought 18 companies and 20 professional investors together in the beautiful Napa Valley at the end of November for a series of one-on-one meetings that resulted in insights that just can't be found on company websites.

Can Coal Endure Competition, Anti-Carbon Lobby?
Source: Zacks Equity Research (11/17/2014)

"The switch in the U.S. Senate recently following the mid-term elections is beneficial for the industry, as the incoming majority remains opposed to the EPA's tough regulatory regime. But it's hard to know to what extent they can help the industry given the existing rules/statues in place already."

How is Doug Casey Preparing for a Crisis Worse than 2008? He and His Fellow Millionaires Are Getting Back to Basics
Source: JT Long of The Mining Report (09/02/2014)

Trillions of dollars of debt, a bond bubble on the verge of bursting and economic distortions that make it difficult for investors to know what is going on behind the curtain have created what author Doug Casey calls a crisis economy. But he is not one to be beaten down. He is planning to make the most of this coming financial disaster by buying equities with real value—silver, gold, uranium, even coal. And, in this interview with The Mining Report, he shares his formula for determining which of the 1,500 "so-called mining stocks" on the TSX actually have value.

Energy Independence: Financial Fact or Political Fiction?
Source: JT Long of The Energy Report (07/03/2014)

including Energy Independence: Financial Fact or Political Fiction?

Why Uranium and Coal Rank High for Energy Return on Energy Invested: Thomas Drolet
Source: Tom Armistead of The Mining Report (12/03/2013)

including Why Uranium and Coal Rank High for Energy Return on Energy Invested: Thomas Drolet.