NYT being NYT hides the real culprit in the article where 95% of it’s readers will no longer read that far because they got distracted by their latest tiktok cat video, so they will only remember that it is the datacenters causing more electricity use. The latter is misleading since it is just a move from people using power intensive PC’s and TV’s to low energy iphones and tv screens, made possible by far more energy efficient data centers serving millions. But the EVs, I call them remote coal fired cars, that makes it possible to compete with oil in the transportation sector; and for that reason, I ❤️ EVs
I really feel like it would be good to focus even more on the cyclicality of this sector, the yearly fluctuations, and the met coal prices.
Of course the future will vary, but it seems there are some patterns. The met coal price seem to dictate stock prices very strongly, the market doesnt care for any long-term projections. I guess we are all a bit shellshocked by the carnage that has taken place the last week...
Any thoughts on how much more things will be pushed down by this iron glut-talking-point news cycle?
Looks like indeed Arch was a bit ahead of the curve by stating their funding for rainy day and be able to be defensive . So your observation that AMR would be more sensitive was correct although a bit an understatement.
Am I here in good company when I write
I ❤️ EVs
after reading your NYT linked piece ?
https://thecoaltrader.com/a-new-surge-in-power-use-is-threatening-u-s-climate-goals/
NYT being NYT hides the real culprit in the article where 95% of it’s readers will no longer read that far because they got distracted by their latest tiktok cat video, so they will only remember that it is the datacenters causing more electricity use. The latter is misleading since it is just a move from people using power intensive PC’s and TV’s to low energy iphones and tv screens, made possible by far more energy efficient data centers serving millions. But the EVs, I call them remote coal fired cars, that makes it possible to compete with oil in the transportation sector; and for that reason, I ❤️ EVs
I really feel like it would be good to focus even more on the cyclicality of this sector, the yearly fluctuations, and the met coal prices.
Of course the future will vary, but it seems there are some patterns. The met coal price seem to dictate stock prices very strongly, the market doesnt care for any long-term projections. I guess we are all a bit shellshocked by the carnage that has taken place the last week...
Any thoughts on how much more things will be pushed down by this iron glut-talking-point news cycle?
Looks like indeed Arch was a bit ahead of the curve by stating their funding for rainy day and be able to be defensive . So your observation that AMR would be more sensitive was correct although a bit an understatement.
Anyhow, any adjustment for your earlier numbers?
At what price would you add to WHC, heavy? HCC and WHC are my horses, looks like WHC has more near term catalysts. Appreciate any feedback.