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Is Coal Heating Up?

Posted by inthemoneystocks on May 14th, 2012

One of the worst performing industry groups in 2012 has been the coal sector. This sector remains in a confirmed downtrend at this time by trading well below the important daily chart 50, and 200 moving averages. Please note, while this sector has been extremely weak throughout the year many leading coal stocks are trading positive today.

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BTU Heats Up

Posted by inthemoneystocks on April 30th, 2012

Everyone knows that the coal sector has been extremely weak as of late. There is one leading coal stock that is catching a bid higher today and it is Peabody Energy Corp (NYSE:BTU). Today, BTU stock is trading higher by $1.01 to $31.21 a share. The stock will have intra-day resistance around the $31.60 area.

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This morning, many of the leading coal mining stocks are catching a small bid higher. This important sector has been very weak throughout 2012. The important coal sector is severely oversold in the near term, therefore, a short term bounce is very possible. Unfortunately, all of the leading stocks in the coal sector remain in a confirmed down trend.

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Coal Stocks Cannot Heat Up

Posted by inthemoneystocks on March 20th, 2012

All of the leading coal stocks have been trending lower since late October 2011. Traders and investors are once again witnessing the coal sector decline lower today. The Market Vectors Coal ETF (NYSEARCA:KOL) is trading lower by 0.99 cents to $32.87 a share. Short term traders That follow the KOL should watch for intra-day support around the $32.00 level.

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Coal Stocks Still Have Little Spark

Posted by inthemoneystocks on February 15th, 2012

The coal sector has severely underperformed the major stock averages and the overall energy sector. This morning, the major coal stocks are trading in positive territory, however, they remain weak on the daily charts. The Market Vectors Coal ETF (NYSEARCA:KOL) is trading higher by 0.27 cents to $35.33 a share. KOL will have intra-day resistance around the $35.60, and $36.00 levels.

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Coal Stocks Are Not Looking So Hot

Posted by inthemoneystocks on January 4th, 2012

This morning, all of the leading coal stocks are coming under some mild selling pressure. This sector continues to trade below the important daily chart 50 moving average, this puts the sector in a weak technical position. Traders can look at how the Market Vectors Coal ETF (NYSEARCA:KOL) has under-performed the major stock indexes and the rest of the energy sectors.

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Key Stock Setups, Movers And Shakers

Posted by inthemoneystocks on December 7th, 2011

As the markets hover on the flat line, some key names are heading towards master levels. International Business Machines Corp. (NYSE:IBM) continues to be one of the strongest stocks in the market. It made a new all time high today at $194.50. At this point, the stock is extended but has its eyes set on $200.00 per share. That will be the next resistance level that matters.

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Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. (CLNO) was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector.

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