Coal Stocks Approaching Value Territory

Oil Reversal Creating Opportunity For Those With Patience

OK everyone - coal stocks are getting absolutely SMOKED today and I’m getting “buy” signals across the board.

Literally nothing has changed with regard to fundamentals, and while those are admittedly not great, they’re not really that bad either. As such, I suspect today’s move has more to do with the huge overcorrection from the oil spike into the $80 range – not to mention the fact that coal stocks are popular shorts right now – than it does any other factors.

So let’s look through our universe here in the US one by one to see which companies are closest to the bottom end of their expected ranges and have a think on which ones are actually buys or not.