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Coal And Agriculture Stocks Rally! POT, MOS, MON, CF, MEE, CNX, BTU, ACI
The market started out a bit weak, but, managed to came back up to close in the green. Coal stocks were strong today: MEE +5.68%, CNX +1.88%, BTU +2.37%, ACI +2.14%. I mentioned unusual options activities in MEE in last night’s article. Today I bought some Jan 40 calls on MEE and took a quick [...]
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Wang's Happy Trading
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Market Rises To New Heights! SPX, Nasdaq, GLD, SLV, GOLD, ABX, NEM, CNX, BTU, ACI, MEE, ZOOM, SINA
This morning, retail sales numbers came in better than expected. Investors were seemingly encouraged by the data and proceeded to push the stocks higher. Gold, once again, made new highs, trading above $1140/ounce. Oil also went higher. Commodity sectors bounced today. Coal stocks were particularly strong: BTU +5.51%, ACI +2.9%, CNX +4.21%, MEE +6.08%. In the morning, [...]
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Wang's Happy Trading
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