The Coal Trader

The Coal Trader

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The Coal Trader
The Coal Trader
Coal Stocks Rip, Time to Flip?

Coal Stocks Rip, Time to Flip?

China Stimulus a Positive, but Longevity is Key Question

Matt Warder's avatar
Matt Warder
Sep 24, 2024
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The Coal Trader
The Coal Trader
Coal Stocks Rip, Time to Flip?
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Our good friend Le Shrub puts out consistently great content here on Substack. If you aren’t a subscriber, you should really consider it…not only is his commentary incredibly insightful, but it’s also hilarous.

Case in point, his headline on today’s China stimulus announcement…

For those of us who’ve been buying coal stonks on the way down, the stimulus news has certainly been pretty glorious. I even got in on the meme game myself a little bit pre-market…

But as we approach midday, those +1% or +2% moves have turned into an absolute RIPPER…

And in these situations – when an outcome you’ve been rooting for has finally occurred and you’re super excited – that usually means it’s time to…

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