Steel Stokes Coal ETF’s Rebound
August 13, 2014 at 12:40 PM EDT
The once downtrodden Market Vectors-Coal ETF (NYSEArca: KOL) is proving that friending fear can be a winning strategy. KOL is up 1.3% today , trading near its highest levels of 2014 while extending its one-month gain north of 5%. In just the past week, KOL is up nearly 2%. The ETF’s rally, which...