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Can Coal Investing Heat Up Your Portfolio?

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  • Description

    FBN’s Charles Payne on the outlook for Arch Coal Inc.

  • Duration 2:31
  • Date

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It -- -- -- at a child's pain this arrogant the stock from the industrial metals and minerals sector Charles all the -- those coal.

I'm not here and so did not your risky bet that you generally come.

You know as its season a big anchor woman now nothing -- and all the big words that -- the only elected two years ago -- -- like it was of the cold up.

The all but it sounded very impressive yeah and I'm talking about well.

I've talked to guys about.

Metallurgical coal before -- you have this little fans won't pull that we'll get the anchor -- about it yeah.

I call -- the thermal coal.

The thing driving this thing -- candidate it's -- by the way this is a high risk ideas let me throw it out there right now Arch Coal.

As one of these companies that's.

Barely making it in part because as you know.

Cold production you know and -- it went down down now it would help we occasionally have a winter also.

All right check will help them -- we had to answer I bet you know and then of course all these regulations but I think you have to survive we had cool let's.

Is that somebody contracts that they've already gotten so -- this year.

Most of my higher than last year so he -- a little bit of pricing power in there.

The thing that struck -- within reason I brought it up today's because the volume is really compelling so.

You know I don't I don't think people to go out there by the -- this very moment but it's one of these you should probably a watch list because what the -- -- what price Laviolette can I helped it from a technical point -- -- -- you know the stock breaks out around -- bucks Texas 76 yeah a little bit of room.

They're they're gonna get room at 10101011.

Dollars maybe twelve and in -- -- -- we'll have to -- talk down double digit percentage gains.

This used to be hot stock was unstoppable recycle the other people's thoughts and down you know -- that gas also taking -- markets here.

-- prices that nothing can go much lower people told to stop.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- So I think we've got something -- before in Baghdad he got overseas demand and again you know it's a little nip the outside so it's anecdotal but hooked.

You know we'll go with -- so this one above eight this kind of volume continues we may pull the trigger on it for a trade but I will also say though I think it is a high -- But we but quickly the administration is not in not into the coal industry at all at all in -- and that's a minor understatement yeah in the statement rather it.

Thank you -- -- of winter it is mid January.

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