Recent Articles
New: Be the first to
follow us on Twitter.


China Stocks

More Articles...

Consumer Stocks

More Articles...

Energy Stocks

More Articles...

ETFs & Mutual Funds

More Articles...

Global Investing

More Articles...

Gold & Materials Stocks

More Articles...

Income Investing

More Articles...

Industrial Stocks

More Articles...

Healthcare & Biotech

More Articles...

Technology Stocks

More Articles...

Todays Best Investment Ideas
Bollinger bets on coal
Monday, June 11, 2007

 “Our thesis is that we're in a bull market for energy,” says John Bollinger in Capital Growth Report. “Our strategy is to buy energy assets on pullbacks.” Here's his look at coal.

“Though we may be near or at capacity production in oil, new supplies of industrial commodities will continue to come on line. The critical dimension is demand, which is strong and growing.

“Remember, at its heart technical analysis is but a way of quantifying supply and demand and here as in many other markets, demand has outstripped supply as is clearly evident on the charts.

“In my view, the demand curve for energy has crossed up through the supply curve – supporting a bull market. These assets that we buy to invest in this trend can be any of the many energy ETFs, big international oil companies, exploration and drilling outfits, natural gas stocks and now … wait for it … coal companies. I know coal is politically incorrect, but that will pass.

“The rational for coal is straightforward. America has a huge supply of coal, 300 years worth by some estimates, and in a world increasingly demanding energy, that coal is going to be increasingly valuable.

“From a technical perspective, there are numerous stocks that look great; they have long declines leading to big bases that are just now starting to show breakouts.

“Here are some names to look at: Massey Energy (NYSE: MEE), Peabody Energy (NYSE: BTU), Westmoreland Coal (NYSE: WLB), Fording Coal Trust (NYSE: FDG), Arch Coal (NYSE: ACI) and James River Coal (NASDAQ: JRCC).

"For those of you who like the leverage lower priced stocks can bring here is a cheapie, International Coal Group (NYSE: ICO).”

 

Newsletter News & Deals

Sign up now for our free Daily Newsletter



Meet the KCI editors

Join Roger Conrad, Gregg Early, Elliott Gue, and Yiannis Mostrous in San Diego on April 23-24. Call 1-800-832-2330 or go to www.InvestingSummit.com.

 
Dividend Still Don't Lie

Dividends Don't Lie -- by IQ Trends founder Geraldine Weiss -- is one of the all-time great investment books.

Now, editor Kelley Wright is following up this classic with Dividend Still Don't Lie, which can be ordered at a significant discount.

 
Keith Fitz-Gerald: Fiscal Hangover

Get a $10 discount on Keith's new book on global investing -- Fiscal Hangover. Click here.

 
Red, White & Bold

Global expert Carl Delfeld's new book -- Red, White & Bold -- is now available.

 
Gone Fishin' Portfolio

The Oxford Club's Alexander Green has released an exceptional new book-- The Gone Fishin' Portfolio -- which provides an all-weather approach to investing.

 
EconoPower

Mark Skousen's latest book, “EconoPower: How a New Generation of Economists is Transforming the World” (Wiley & Sons), is available for $16.47 (plus shipping) from Amazon.com (retail $24.95).

 
Guide to seasonal trading

Sy Harding has published Beat the Market the Easy Way -- an in-depth review of seasonal market patterns and their application to long-term timing.

 
Dick Davis Dividend

In The Dick Davis Dividend, the investing legend shares a lifetime of insights on investing.