Loading ...KOL
The Coal ETF has been rising strongly all thru 2016 Started with the Gold rally BUT never had a severe correction
Which is surprising and Interesting.
Now could be taking off again
Thanks to Sir Dennis for sending this
LOOK at the weekly…wow…How’s this for symmetry !
If that line is broken should be grate for Coal . The Trump strikes again ?
Thanks for posting that, Fully. I had a position in KOL, closed it out, and it now looks like time to re-establish. Thanks for the chart!
Welcome Boomer
Having Fun yet ?
are there any coal miners to get into? KOL looks nice and steady, but now I feel like I’m addicted the volatile miners…. hahah
Hi dyu626;
Cashcosts has posted a lot of excellent fundamentals on various companies. Early 2016 he talked about CNX Coal – his posts are on the right side bar; go back to about April. I bought back then. They pay $0.51/share every quarter, and most interesting…. today they seem to be setting up to issue new shares.
CNXC have a high class operation. Left wing/global warming perceptions are keeping eyes closed, IMO. Fully’s KOL chart tells the story, and the CNXC chart is a copy.
http://cnxlp.investorroom.com/2017-01-24-CNX-Coal-Resources-Announces-Distribution-for-Fourth-Quarter-of-2016-and-Intention-to-File-Universal-Shelf-Registration-Statement
On the ASX I hold PNL (Paringa Resources) – developing a coal mine in the Illinois Coal Basin. Similar chart, simple operation, EPA handcuffed by Trump, approx. 45% of US electricity generated by coal(last time I looked) and Marty sez the sun is losing steam. Obama’s solar panels or Trump’s coal………