While most commodity prices have fallen off a complete cliff from their June and July peaks, spot prices for all forms of coal have held up reasonably well as of late.Prices for North Appalachia, Central Appalachia, Illinois Basin, Uinta Basin and Powder River Basin coal are down, but coal has shown relative strength vs. oil, corn, wheat, urea and other essential commodities tied directly to global consumption In fact, as of December 2008, Newcastle coal is up 10% for the year, Powder River Basin coal is up 21%, Colorado coal is up 143%, and Illinois Basin coal is up 143%. This compares with oil, which is down 45%; copper, down 55%; and iron ore, down 56%. Why have coal prices fared so well? And what, if any, equity vehicles might one play to capture this strength? To read more, visit Stockpickr.com.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Investing
Dow Futures Flat, But Near Record; Investors Eye Retail Sales, Q2 Bank Earnings
U.S. equity futures were little-changed in early Tuesday trading as investors maintained their cautious stance on global stocks heading into the second quarter earnings season and keyed on June retail sales data for further clues on the direction of Federal Reserve interest rates.
Replay: Jim Cramer on Earnings Season, China and Amazon Prime Day
Jim Cramer's breaking down what he expects from earnings season, China's slowing growth, and Amazon's Prime day sale.
Prime Day Isn't Just For Amazon -- Target, Walmart, Others Want a Piece Too
Amazon's retail competitors will see a 79% revenue lift around Prime Day, according to a projection from Adobe Analytics.
Private Prison Operators Fall; Fifth Third Joins Banks Ending Ties With Industry
Geo Group and CoreCivic lose ground as another bank joins list of those refusing to do future business with private prison operators.