tag:blogger.com,1999:blog-8084606426992105990.post6972330745541873413..comments2023-10-29T06:32:19.009-04:00Comments on The Keystone Speculator™: Keystone's Morning Wake-Up 6/26/13; GDPKeystone Speculatorhttp://www.blogger.com/profile/15343512310307344717noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8084606426992105990.post-18019831947034989762013-06-27T08:43:52.908-04:002013-06-27T08:43:52.908-04:00Still holding it, it is dangerous. Coals receive a...Still holding it, it is dangerous. Coals receive a further beating because President Obama slammed the sector the other day. With the China slowdown and global slowdown, traders are fleeing commodities and the frenzy may have reached at least a near term crescendo yesterday since folks were jumping out of buildings. WLT is a met coal company so it needs steel to do well and with a weak global environment its prospects do not look good and this creates the negativity. Weigh this against the price already well down off the high, favorable positively diverging charts, and a potential takeover stock where someone will come and simply buy them. Those are the two cases. It's a coin flip.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-61379364485900409792013-06-26T16:16:19.456-04:002013-06-26T16:16:19.456-04:00KS, what's your take on WLT? Wow what a roller...KS, what's your take on WLT? Wow what a roller coaster, and coal in generalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-59597652698148771912013-06-26T15:26:43.606-04:002013-06-26T15:26:43.606-04:00It looks that way but chalk a lot of the mixed up ...It looks that way but chalk a lot of the mixed up market signals to indecision and markets that do not know which way they want to go. TRIN 1.18, however, is not far from 1.00 neutral but does hint that the bears should be favored slightly, which is not the case. The central bankers saved the day, mainly China yesterday morning. Things will change if either XLF, UTIL or RTH turn bearish.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-81042534678211979012013-06-26T15:15:48.767-04:002013-06-26T15:15:48.767-04:00TRIN is at 1.18. EOD selling in order?TRIN is at 1.18. EOD selling in order?Anonymousnoreply@blogger.com