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Among the vaunted gainers from the Trump victory, energy stocks received a boost as soon as news of his win trickled in. The President elect’s promises to revive the coal industry and provide...
Two high profile commodity companies filed for bankruptcy last week. The first was St. Louis-based coal producer Peabody Energy Corp (OTC:BTUUQ). Peabody was the latest coal producer to file,...
by Clement Thibault On Monday January 11th, Arch Coal filed for bankruptcy under Chapter 11. Arch Coal (OTC:ACIIQ) was the second largest U.S coal producer; It’s now the fourth U.S coal company...
T2108 Status: 9.3%T2107 Status: 12.9% (a fresh near 7-year closing low)VIX Status: 26.1% (high of the day was 27.6, right under the 2012 intraday highGeneral (Short-term) Trading Call: bullishActive...
This week Mr. Bear was on the job again, as seen in his report card below. At week’s close the 200 count is up to 12 and we see 3 Dow Jones 2% days in its eight day count. Since Charles Dow...
Never before have we seen a year start like this. On Monday, Chinese stocks crashed once again. The Shanghai Composite Index plummeted another 5.29 percent, and this comes on the heels of two historic...
Oil prices spiked lower once again after China's stocks fell again. Oil prices can’t get a grip even with U.S. stocks rebounding and the dollar holding steady. The Shanghai Composite closed down...
T2108 Status: 16.0% (second day at oversold)T2107 Status: 21.9%VIX Status: 22.7General (Short-term) Trading Call: bullishActive T2108 periods: Day #2 under 20% (oversold), Day #3 under 30%, Day #4...
Someone” really wants Arch Coal (N:ACI) to avoid breaking the buck. On August 5th, ACI traded as low as a buck per share before closing at $1.05/share. Two weeks later we learned Soros had been...
It was fun while it lasted. The trades I described in coal in the wake of news of investments by George Soros seem to be coming to a decisive end. The recent bottoms have not yet given way, but seems...
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