Coal ETF Tests Long-Term Trend; BHP Confident in Coal Business
April 02, 2014 at 15:39 PM EDT
The coal stocks are burning hotter, with related exchange traded fund testing its long-term trend line, as BHP Billiton (NYSE: BHP) points to a more optimistic outlook in the strained coal industry. The Market Vectors Coal ETF (NYSEArca: KOL) has gained 1.8% over the past week and is up 1.7%, but...