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Coal Miners’ Monster Rally Fizzles As New Disruptions Arise

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To say the past 2.5 years have been great for coal stocks would be an understatement. After hitting a bottom in January 2016, the VanEck Vectors Coal ETF (KOL) which invests in publicly traded companies worldwide that derive greater than 50% of their revenues from the coal industry has risen a whopping 200%. But, those spectacular gains may be behind us as new clouds form on the horizon. Indeed, since our September 26, 2017 DIBs report titled PEAK COAL ON THE HORIZON, where we discussed the f...

 

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