Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Killer Coal Stocks

Our latest Big Picture Speculator Snapshot featured a series of coal stocks. Back in mid-January we were cautious on coal as prices were extended. Nothing beats looking at a chart to get a sense of what extended means.

Check out Hillsborough Resources and Western Canadian Coal as illustrations of extended stocks.

Yesterday saw significant breakouts in Compliance Energy and Cline Mining. Free trials of the Big Picture Speculator are available if you want to see the entire "Snapshot".

Coal Stocks

I currently own Hillsborough Resources.