VanEck Vectors Coal ETF (KOL) News

ah huh

There's been a wonderful recovery in this sector since the beginning of 2016...

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Kol!!!

KOL D W M LOOKING TO BUY LONG TERM .

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BY JOHN MURPHY bullish on coal.
COAL ETF IS ALSO HAVING A VERY STRONG YEAR... Speaking of rising commodity prices, I've been writing lately about commodity stock groups that have been doing very well, including metal and mining stocks tied to base metals and steel. Coal stocks are doing even better. Chart 6 shows the VanEck Vectors Coal ETF (KOL) surging almost in a straight line since January to the highest level in eighteen months. The group has doubled in price since the start of the year (as has the price of coal). That comes as a surprise to me because I thought the coal industry was dead. Apparently not. An article in Investors Business Daily this morning explained some reasons why the coal industry is starting to improve. First, a recent court decision offering some relief on the regulatory front. Second, rising natural gas prices are making coal more competitive (see gray area). And third, rising coal demand from China. A big part of that foreign demand is coal that is used to make steel. That's just another sign that commodities, and stocks tied to them, are back in favor. The new inflation trade explains why investors are selling Treasury bonds and moving money into TIPS.

Coal stocks (KOL -4.4%) are surrendering large chunks of their recent gains, as might be expected, but J.P. Morgan analysts think coal's share of the U.S. power market might have hit its low point, seeing grid inflexibility making a reduction in coal’s share below ~30% difficult without more investment in the grid, pipelines and more gas power plants.

Coal companies (NYSEARCA:KOL) continue their apparent short-covering rally, even as J.P. Morgan cuts its coal price forecasts, expecting excess production capacity built in recent years to keep downward pressure on prices in a mirror image of the late 2000s when capacity shortages drove prices higher.

KOL D

A few turncoat libs will make this clear the launchpad.

Energy Security, anyone?

Black Swan event.

Obama realizes he is impotent without Coal.

Coal Futures up another buck.

http://www.cmegroup.com/trading/energy/coal/central-appalachian-coal.html

$50 more and it will almost cost as much as Natural Gas.

Green Energy?

Yes, Coal can do that. Especially if you're talking about the green that goes in your wallet.

Same BTU as Natural Gas for half the price.

On the launch pad? Global Warming fraud wagon is falling off it's wheels.

Getting interesting.

Gonna be a lonely board without you.

Spend wisely.

Based on Peabody's earnings alone, I would expect more. Watch for CNX report at the end of the month. They do shale fracking, not just Coal.

I have a sell order at $20, I hope it gets there, I will only break even.

Tell me what I say?

Peabody Energy Earnings Up on Sharp Cost Reductions

Looking good today. 30 day high, breakout.

I wonder how the earnings are coming in?

Most of my basic materials are doing better. Oil is doing great. These companies should report profits, or trimming of the losses.

Consol is a large holding which is diversified into shale fracking. Hopefully, the others will put in some more divewrsification, and Market Vectors will not screw with the funds integrity over the long haul

Any chance this is picking up?

U.S. Corn Reserves on June 1 Drop to the Lowest Since 1997

By Jeff Wilson - Jun 28, 2013 9:00 AM PT


"Corn supplies on June 1 in the U.S., the biggest producer, fell 12 percent to 2.76 billion bushels, the lowest since 1997 after the worst drought in more than 70 years cut production to a six-year low in 2012, the government said.
Inventories fell from 3.15 billion bushels (80.01 million metric tons) held in farmer and commercial grain bins a year earlier, the U.S. Department of Agriculture said today. The average estimate of 30 analysts surveyed by Bloomberg was 2.862 billion. Usage from March through May was 2.64 billion bushels compared with 2.88 billion during the same period a year earlier."

http://www.bloomberg.com/news/2013-06-28/u-s-corn-reserves-on-june-1-drop-to-the-lowest-since-1997.html

I think we get an Obama bounce after 4th of July.

Everybody will be having Coal on the Cob, because Obama would rather burn the corn.

I wonder if you can buy it with food stamps?

I am sick of it myself. I almost took my losses and ran away.

It might be longer than a year. The futures hit new lows. I would think the price of Coal has to go up.

The companies should be already scaling back production and economizing. It's not what I was looking for.

There was a big up move in one Coal company today. I heard it on CNBC, but I don't remember which one, and I don't think it's in the ETF.

You still think this is bound to bounce this year? Afraid I am just going to ride it lower and lower. Got in, then bought more after it went down. Then it went down more. Had my sell order at 25 then moved it to $24. Now wondering if it will ever return to that level. I can wait 6 months if necessary, but would not enjoy a continued ride lower :)

QL is the NYMEX contract for Central Appalachian Coal.

It doesn't seem to be a very active market. Jim Rogers used to buy commodity futures trading seats in inactive markets, knowing that sooner or later, the market would return. He was doing sugar. Probably made a fortune on them when people started turning sugar into ethanol.

Anyway, they seem to have a morning and an evening quote.

July contract is showing $61.13

It's hard to get the Chinese prices, but some recent articles indicate firming also.

I have a patent in biofuels, but nobody is paying any attention to it. They would rather spread pesticides on corn fields, and make money from suckers who think they are protecting the environment, while squandering our nations food wealth.

I wasted all my posts on other boards, so I won't be able to to any follow ups until after 9 PDT, or is there a happy hour today?

I am on this ride as well. What are the QL futures?

Well that was fun.

Central Appalachian Coal is still over $60/ton, so I am hanging on.

Added here. $21.76

Under 15 minute indicative update price.

QL futures on the rise.

Here we go.

I am calling the Breakout here. A little QL futures confirmation would be better. KOL

Seems to be firming up a bit. KOL

Now you've gone and crossed the line. KOL

Minor move above an accelerated decline line.

It's needs some more confirmation to be a bonafide signal.

A little bit of green is good. -KOL

You're nobody, when nobody loves you. KOL

They say it's lonely at the top.

It's pretty dreary picking bottoms. KOL.

There's still time.

It's cheap, but moving up.

Trust me guys, this is it.

Game changer.

It fits the scenario for American resurgence, Kondratiev style.


We just need to make it work and work it soon.

I wish I could buy more Coal.

It's also a great time to borrow the money to get it started. Why wait 20 years when the money is easy NOW?

Loaded the boat. Mortgaged the farm.

I even came late to the party.

This technology article was published in February.

http://www.osu.edu/features/2013/ohio-state-develops-clean-coal-technology.html

We're 20 years off? I don't think so. This technology sounds so simple I could do it in my garage. Did it take 20 years for the "Oil Industry" to put used vegetable oil into cars?

Talk is cheap. Not so much energy.

Good question? If the answer was multiple choice? I might have a better chance of guessing the right answer.

Major volume throughout the month of March... what's up with that???

A lot of volume the last couple of days. What's up with that?

Scoreboard for the week: +3.97%

And now, a breakout looks to be in progress.

Like all commodities, KOL has been challenged to hold its' gains lately.