Coal Stocks Exploding Higher
Looks like today is natural gas and coal stock day; I like the latter sector more so I'll highlight some names there. Interesting behavior considering China is re-opening mines, [Aug 24, 2009: Bloomberg - Coal Rally Ending as China Shuns Imports, Opens Mines] thus reducing international demand, but with both natgas AND coal moving together it is basically an investment call on the strength of the domestic economy (natural gas use especially dependent on the local economy) Since you can see identical behavior I assume some algorithm HAL9000 behavior i.e. if retail sales > X variable, buy coal and natural gas stocks.
Breakouts all over...
Sector ETF
Individual names
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