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By Chuck LeBeau, director of analytics at www.SmartStops.net.
There have been many market segments that have rallied substantially over the last two months but as might be expected it is the tech stocks and banking stocks that have received the most attention. The quiet rally in more mundane areas like coal has mostly gone unnoticed. Perhaps we can borrow a miner's helmet lamp and shine some light on these stocks.
Foundation Coal Holdings(FCL Quote), in just 11 market days, leaped to a May high of $31.54 from $14.65. ...
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