Coal stocks are posting decent gains in response to a strong Chinese PMI reading. in addition to...

|By:, SA News Editor

Coal stocks are posting decent gains in response to a strong Chinese PMI reading. in addition to Cliffs Natural, Peabody Energy (BTU +3.5%), Arch Coal (ACI +3%), Alpha Natural (ANR +4.6%), and Cloud Peak Energy (CLD +3.1%) are also rallying. Many coal stocks have sizable short interests, and many of those shorts have made big profits this year.