logo

Is The Market Vectors Coal ETF Running Out Of Steam?
By: ETF Daily News   Wednesday, November 11, 2009 10:08 PM

Vote for next session
The next market session will close:

"In this highly uncertain investment climate, leave the speculative play to those armed with hyper-speed trading supercomputers and the narcotic allure of risk-rewarding bonuses. Far-sighted Fools focus their gaze elsewhere, scouring the investment universe for those stand-out stocks capable of delivering shareholder value over the long haul," Christopher Barker Reports from The Motley Fool.

"Coal stocks continue to burn like a blast furnace. The Market Vectors Coal ETF (NYSE: KOL) has now appreciated over 200% from its March lows, and even stark warnings from Appalachian miners like Massey Energy about the potential impacts of mine permitting delays have not appeared to hinder the advance in related mining shares," Barker Reports.

"Although this Fool senses a possible pullback looming on the near-term horizon, the positive long-term investment climate for coal has been substantially confirmed even as domestic demand has imploded," Barker Reports.

See The Full Story: HERE

Here's a detailed look at the Coal ETF (KOL):

The investment (KOL) seeks replicate as closely as possible, before fees and expenses, the price and yield performance of the Stowe Coal index. The fund normally invests at least 80% of total assets in equity securities, which may include depositary receipts, of U.S. and foreign companies principally engaged in the coal industry. It normally invests at least 95% of total assets in securities that comprise the index. It is nondiversified.

TOP 10 HOLDINGS ( 62.80% OF TOTAL ASSETS)  
 
Company Symbol % Assets
ALPHA NATURAL RES (ANR) 4.26
ARCH COAL INC (ACI) 5.12
China Coal Energy Co. Ltd. N/A 7.28
China Shenhua Energy Company Limited N/A 7.69
CONS ENERGY INC (CNX) 8.38
Joy Global Inc. (JOYG) 5.21
PEABODY ENERGY CORP (BTU) 7.99
PT Bumi Resources N/A 8.39
WALTER ENERGY, INC (WLT) 4.27
Yanzhou Coal Mining Company Limited N/A 4.21

Chart for Market Vectors Coal ETF (KOL)



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Popular Articles
Related Press Releases
Advertisement
Partner Center
Recent Articles by ETF Daily News



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia