Click on any chart to engorge it

Click on any chart to engorge it

Making Diamonds From Coal

The Market Vectors ETF for coal producing companies (KOL) made a new high this year after consolidating for almost all of 2010.  Just another in the risk-on trades.  Our short term target is $53.  Holdings in this fund include fast-growing Chinese companies, and mining equipment firms, as well as the big American stocks like Peabody (BTU) and Arch (ACI).  Detailed holdings are available at Van Eck Global.