This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Coal's Future Rides on Energy Bill

Whether or not the Clean Energy Bill will boost coal, these equities will most definitely be influenced: CONCOL Energy Inc. (CNX - Get Report), up 39% after witnessing a March low of $22.58 to close at $31.40 on July 2; Peabody Energy (BTU - Get Report), closing at $29.16 on June 2, up nearly 43% after hitting a low of $20.43 in March; Foundation Coal HLDG (FCL), up 88% to close at $25.52 on June 2, after seeing a $13.56 low in January; Patriot Coal (PCX) rebounding beautifully from a March low of $2.97 to close at $6.29 on July 2; an increase of 112%.

Keep in mind these energy stocks come with risks. To help moderate these risks, a sound exit strategy is of utmost importance.

According to the latest data from, here are the price levels where the uptrend of these stocks would be over: CNX at $30.31; BTU at $28.73; FCL at $23.00; PCX at $5.49. You can track the daily changes and other updated data at

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
BTU $4.75 0.00%
CNX $27.73 0.00%
AAPL $124.25 0.00%
FB $81.66 0.00%
GOOG $542.56 0.00%


DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs