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Two Coal ETFs Worth a Look

Much like the weather conditions that are being seen in China, exceptionally cold weather in the Northeast is driving demand for home heating.

At the end of the day, coal is still one of the cheapest and most effective ways to generate energy and will continue to be the main source of global energy and there just isn't enough of it to go around. Some ways to take advantage of these factors include:

  • The Market Vectors Coal ETF (KOL), which closed at $39.45 on Tuesday;

  • The PowerShares Global Coal ETF (PKOL), which closed at $31.45 on Tuesday.

When in vesting in these equities, it is important to consider factors that could potentially hinder the price of coal, like a hiccup in an economic recovery. A good way to protect against these factors as well as the inherent risks involved with investing in equities, is through the use and implementation if an exit strategy, which triggers price points at which an upward trend in gold could potentially be coming to an end.

According to the latest data at www.SmartStops.net, the price points of the aforementioned ETFs: KOL at $38.62 and PKOL at $30.79. These price points are updated on a daily basis and are reflective of market volatility and conditions.

Written by Kevin Grewal in Laguna Niguel

Kevin Grewal serves as the editorial director and research analyst at The ETF Institute, which is the only independent organization providing financial professionals with certification, education, and training pertaining to exchange-traded funds (ETFs). Additionally, he serves as the editorial director at SmartStops.net where he focuses on mitigating risks and implementing exit strategies to preserve equity. Prior to this, Grewal was an analyst at a small hedge fund where he constructed portfolios dealing with stock lending, exchange-traded funds, arbitrage mechanisms and alternative investments. He is an expert at dealing with ETFs and holds a bachelor's degree from the University of California along with a MBA from the California State University, Fullerton.
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