Thursday, February 11, 2016

Coal likely to comeback after Supreme Court Decision?

With a bear market in Coal running for over 5 years,
Coal Price
There have been many proposed regulations, discussions and alternatives.  Tax breaks to solar, improvements to nuclear.


Coal Stocks like Peabody (BTU) and Cloud Peak Energy (CLD) have been getting crushed.

BTU CLD

I've been holding BTU @ 15.06 and CLD @ 2.188. I added to CLD earlier this week at 1.44.
Today we had a supreme court ruling blocking Obama's emissions plan.
CLD was up 26% after hours on the news.