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Coal stocks, hammered yesterday following Arch Coal's (ACI +7.9%) guidance cut, are staging a...

Coal stocks, hammered yesterday following Arch Coal's (ACI +7.9%) guidance cut, are staging a rally today. PCX +11.4%. BTU +3.5%. ACI +7.9%. ANR +6.2%. [[JRCC] +13.9%. Oil refiners are also in rally mode, thanks to a 1.9% jump in the crack spread. WNR +7.1%. SUN +2.8%. MPC +4.4%. VLO +2.9%.
Comments (1)
  • So, you mean yesterday was a complete infantile over-reaction and coal companies aren't really worthless? Gracious, how is one to know these things?
    4 Oct 2011, 01:06 PM Reply Like
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