Coal ETF’s Comeback Act
May 06, 2014 at 13:48 PM EDT
Rising natural gas prices are pushing electric utilities to coal, boosting the long downtrodden coal sector in the process. The Market Vectors Coal ETF (NYSEArca: KOL) has gained 9.1% over the past three months, trading around $18.9 per share, and is now back above its 200-day moving average, the...